Canada’s Metro Inc. saw a flight to value in the second quarter against a backdrop of stronger inflation. While it was expected to moderate in the second half of the year, the outlook remains complex. Q2 key numbers Sales up 1.9% to $4,274m Food same-store sales up 0.8% Pharmacy same-store sales up 9.4%, with front-of-store up 13.3% Grocery ecommerce sales up 6.0% Net earning...

We look at how Metro Inc. is responding to the current COVID-19, supply chain and inflation challenges. Metro first quarter key numbers Q1 sales increased 0.9% to $4.3bn Food same-store sales fell 1.4% while pharmacy same-store sales increased 7.7% Net earnings increased 8.6% to $207.7m Responding to operational challenges The quarter brought a familiar story of the last tw...

Canada’s Metro Inc. delivered a solid performance for fiscal 2021. As lockdowns and restrictions continue to ease it is seeing a switch to pre-pandemic trends. However, one are that is seeing stickiness is ecommerce. We look at some of the initiatives it has underway in the channel. Metro fourth quarter and full year key numbers Q4 sales fell 1.2% to $4.1bn Food same-store sales fell ...