Metro Stock

• Pharmacy sales helped boost Metro earnings in Q3, but profit fell

  Metro Inc. said grocery sales were up last quarter but profits were down as the company has warned about headwinds to its earnings amid the launch of new distribution centres.

  Canada

  Aug 14, 2024
  
• Metro says grocery shoppers still hunting for deals even as inflation eases

  Metro 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.

  Money

  Apr 24, 2024
  
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• Expect a squeeze on orange juice costs as supplier price freeze ends: Metro CEO

  Metro Inc. says that a surge in purchases through Uber Eats and Instacart helped more than double its online food sales in the company's first fiscal quarter of the year.

  Money

  Jan 30, 2024
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• Metro posts massive profit as GTA workers continue to strike

  Metro 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,

  Money

  Aug 9, 2023
• 5 takeaways from the Competition Bureau’s study into Canada’s grocery sector

  Canada's competition watchdog released its much-awaited study into the country's retail grocery market, painting a picture of an industry dominated by few players.

  Money

  Jun 27, 2023
• Metro profit jumps 10.4% on food, pharmacy sales amid high inflation

  Metro's increase in sales came as food same-store sales rose 5.8 per cent compared with a year earlier, while pharmacy same-store sales gained 7.3 per cent.

  Money

  Apr 19, 2023
• Loblaw’s No Name price freeze ends as rival warns of impending cost increases

  As Canadians faced high prices at the supermarket due to inflation, Loblaw announced on Oct. 17, 2022 that it was locking in prices of its popular in-house brand until Jan. 31.

  Consumer

  Jan 31, 2023
• Metro reports higher profit and sales in first quarter amid soaring inflation

  On an adjusted basis, Metro says it earned $1.00 per diluted share, up from an adjusted profit of 88 cents per diluted share a year earlier.

  Canada

  Jan 24, 2023
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• Future food prices uncertain as suppliers up costs, Metro, Loblaw warn

  Loblaw Cos. Ltd. and Metro Inc. say they've received fresh rounds of cost increase notices from food suppliers in recent weeks.

  Canada

  Nov 16, 2022