Media

Press Releases 2024

 

NOVEMBER 20, 2024 - METRO Reports 2024 Fourth Quarter Results

 HIGHLIGHTS

Please look at our Press Release (.pdf)

  • 12-week quarter versus 13 weeks in 2023
  • Sales of $4,938.4 million, down 2.6% and up 5.7% based on 12 weeks in 2023
  • Food same-store sales(1) up 2.2%
  • Pharmacy same-store sales(1) up 5.7%
  • Net earnings of $219.9 million, down 1.0% and adjusted net earnings(1) of $226.5 million, down 1.0%
  • Fully diluted net earnings per share of $0.98, up 2.1% and adjusted fully diluted net earnings per share(1) of $1.02, up 3.0%
  • Transfer to the last phase of our automated fresh facility in Toronto completed