January 27, 2026 - METRO Reports 2026 First Quarter Results
HIGHLIGHTS
Please look at our Press Release (.pdf)
- Sales of $5,285.8 million, up 3.3%
- Food same‑store sales(1) up 1.6% and up 1.9% when adjusting for the Christmas shift(3)
- Pharmacy same‑store sales(1) up 3.9%
- Net earnings of $226.3 million, down 12.8% and adjusted net earnings(1) of $248.7 million, up 1.3%
- Fully diluted net earnings per share of $1.05, down 9.5% and adjusted fully diluted net earnings per share(1) of $1.16, up 5.5%
- Earnings adjusted for the negative impact of $15.9 million ($21.6 million before taxes) for the direct costs related to the temporary shutdown of our frozen food distribution centre in Toronto
- Declared dividend of $0.4075 per share, up 10.1% versus last year
