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 ...

We review Metro’s Q3 performance in Canada as it lapped last year’s pandemic-driven surge in demand. Third quarter key numbers Total sales fell 2.0% to $5.7bn, up 9.4% vs 2019 Food same-store sales down 3.6%, up 11.4% vs 2019 Pharmacy same-store sales up 7.6%, and up 8.6% vs 2019 Ecommerce sales increased 19% Net earnings down 4.2% to $252.4m COVID-19 related expenses of $...