Skip navigation

METRO-RICHELIEU VOLUME, NET UP IN THIRD QUARTER, 40 WEEKS

MONTREAL -- Metro-Richelieu here said sales and earnings increased for the third quarter and 40 weeks ended July 5. Net income rose 7.1% to $15.2 million (U.S., at a rate of $1 U.S. = $1.38 Canadian) for the 16-week quarter and 7.9% to $36.7 million for the year to date. Sales rose 5.1% to $776.7 million for the quarter and 5.4% to $1.9 billion for the 40 weeks. tr Ended 7/5/97 7/6/96Sales $776.7

MONTREAL -- Metro-Richelieu here said sales and earnings increased for the third quarter and 40 weeks ended July 5. Net income rose 7.1% to $15.2 million (U.S., at a rate of $1 U.S. = $1.38 Canadian) for the 16-week quarter and 7.9% to $36.7 million for the year to date. Sales rose 5.1% to $776.7 million for the quarter and 5.4% to $1.9 billion for the 40 weeks.

tr Ended 7/5/97 7/6/96

Sales $776.7 million $739.4 million

Change + 5.1%

Net Income $15.2 million $14.2 million

Change + 7.1%

Inc/share 30 cents 24 cents

40 Weeks 1997 1996

Sales $1.9 billion $1.8 billion

Change + 5.4%

Net Income $36.7 million $34.0 million

Change + 7.9%

Inc/Share 72 cents 56 cents

$1 U.S. = $1.38 Canadian.