APRIL 21, 2022 - METRO Reports 2022 Second Quarter Results

 HIGHLIGHTS

Please look at our Press Release (.pdf)

• Sales of $4,274.2 million, up 1.9%
• Food same-store sales up 0.8%, and up 11.5% for the first 8 weeks of the second quarter versus 2020 (pre-COVID period)
• Pharmacy same-store sales up 9.4%, and up 11.0% for the first 8 weeks of the second quarter versus 2020 (pre-COVID period)
• Net earnings of $198.1 million, up 5.3% and adjusted net earnings⁽¹⁾ of $204.7 million, up 5.1%
• Fully diluted net earnings per share of $0.82, up 9.3%, and adjusted fully diluted net earnings per share⁽¹⁾ of $0.84, up 7.7%
• $8 million of gift cards paid to front-line employees, the same amount as in the second quarter last year