Metro Inc. on Monday said sales were flat in its first fiscal quarter, while same-store sales declined 0.5% and earnings also declined relative to a year ago. Net income of $89 million (U.S.) was down about 15.4% relative to a year ago, which included some one-time gains in the year-ago period and one-time costs in the first quarter of 2014. Adjusted earnings from continuing operations were $93.2 million, down about 6% versus $99.4 million a year ago. CONNECT WITH SN ON TWITTER Follow ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.