Canadian grocer Metro's quarterly profit rises 13 pct

Wed Aug 12, 2015 7:10am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Aug 12 (Reuters) - Canadian grocer Metro Inc's quarterly profit rose 13 percent as new fresh foods products boosted the company's same-store sales.

The company's same-store sales rose 4.3 percent in the third quarter ended July 4.

Net income rose to C$163.5 million ($125.6 million), or 64 Canadian cents per share, from C$144.5 million, or 54 Canadian cents per share, a year earlier.

Revenue increased 6 percent to C$3.84 billion. ($1 = C$1.30) (Reporting by Anet Josline Pinto in Bengaluru; Editing by Kirti Pandey)