Metro Earnings
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Metro says grocery shoppers still hunting for deals even as inflation easesMetro reported its second-quarter profit fell compared with a year ago as its sales edged higher. Food and pharmacy sales were both up in the quarter.MoneyApr 24
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From Ozempic to cosmetics, here’s what’s driving profits at Metro and LoblawLoblaw and Metro both reported higher revenue and profits in the latest quarter as grocery and drug sales rose at both companies.MoneyNov 15, 2023
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Metro posts massive profit as GTA workers continue to strikeMetro says earnings surged in its latest quarter, fuelled by higher same-store sales. The third-quarter earnings come as Metro grocery store workers in the GTA continue to strike,MoneyAug 9, 2023
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Future food prices uncertain as suppliers up costs, Metro, Loblaw warnLoblaw Cos. Ltd. and Metro Inc. say they've received fresh rounds of cost increase notices from food suppliers in recent weeks.CanadaNov 16, 2022
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High food costs shaping grocery shopping habits and buying patterns, Metro CEO saysIn its outlook, Metro said it continues to face higher than normal inflationary pressures and labour shortages which, if prolonged, could put pressure on margins.CanadaApr 21, 2022
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Metro warns of higher food costs as grocery industry grapples with rising inflationMetro said while sales dipped slightly during the fourth quarter, they remained elevated compared to pre-COVID-19 figures.MoneyNov 17, 2021
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