Media

Press Releases 2024

 

APRIL 24, 2024 - METRO Reports 2024 Second Quarter Results

 HIGHLIGHTS

Please look at our Press Release (.pdf)

  • Sales of $4,655.5 million, up 2.2%
  • Food same-store sales(1) up 0.2%, and up 2.7% when adjusting for the Christmas week shift(2)
  • Pharmacy same-store sales(1) up 5.9%
  • Net earnings of $187.1 million, down 14.5%, and adjusted net earnings(1) of $206.4 million, down 8.4%
  • Fully diluted net earnings per share of $0.83, down 10.8%, and adjusted fully diluted net earnings per share(1) of $0.91, down 5.2%
  • Ramp up of new automated Terrebonne distribution centre on track