MONTREAL — Quarterly and annual increases in sales and earnings validated Metro Inc.'s ongoing adoption of “customer centric” strategies, officials of the retailer here said last week. Net earnings improved 8.7% to $91 million (U.S.) for the fourth quarter and 10.4% to $383 million for the fiscal year, which ended Sept. 25. Quarterly sales of $2.5 billion (U.S.) improved 1.1% from the same period a year ago, while comparable-store sales improved 0.5%. Annual sales of $11 billion increased ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.