April 18, 2012 / 11:14 AM / in 6 years

Metro profit rises 12 pct on higher sales

April 18 (Reuters) - Canadian grocer Metro Inc reported a 12 percent rise in quarterly profit, helped by higher sales.

Net earnings for the quarter ended March 10, rose to C$96.1 million ($97.31 million), or 94 Canadian cents a share, from C$85.7 million, or 82 Canadian cents, a year ago.

Sales rose 4 percent to C$2.65 billion. Sales at established stores, a key measure for retailers, rose 1 percent.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below