BUZZ-Metro Inc: Better-than-expected profit, revenue

Wed Nov 19, 2014 1:05pm EST
 
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** Canadian grocer's shares up 7.2 pct at C$88.43

** Reports better-than-expected Q4 profit, helped by reorganization of its Ontario store network and the acquisition of majority stake in bakery chain Premiere Moisson

** Revenue rises 3.9 percent to C$2.71 billion, above analysts' estimate of C$2.66 billion

** Up to Tuesday's close, stock had risen 27 percent this year