Yahoo Web Search

Search results

1. www.cbc.ca › news › businessProfits at Metro surge as grocery chain sees higher sales

   www.cbc.ca › news › business

   • Cached

   Aug 9, 2023 · In the quarter ended July 1, the grocery and drug store retailer says net earnings skyrocketed 26 per cent to $346.7 million from $275 million a year earlier.

2. www.thestar.com › business › grocery-workers-deserveMetro sees profits skyrocket as workers continue to strike

   www.thestar.com › business › grocery-workers-deserve

   Aug 9, 2023 · In the quarter ended July 1, the grocery and drug store retailer says net earnings skyrocketed 26 per cent to $346.7 million from $275 million a year earlier.

3. www.blogto.com › eat_drink › 2023Metro's profits are way up as shoppers grapple with bonkers ...

   www.blogto.com › eat_drink › 2023

   • Cached

   Aug 9, 2023 · These figures mark a jump of 26.1 per cent from the profits recorded in the third quarter of 2022, though sales were only up 9.6 per cent compared to the same period.

   • Author: Becky Robertson

4. toronto.citynews.ca › 2023/08/09 › metro-profitsMetro sees profits soar as almost 4,000 GTA workers continue ...

   toronto.citynews.ca › 2023/08/09 › metro-profits

   • Cached

   Aug 9, 2023 · One of Canada’s largest grocery food chains is reported surging profits. Net earnings at Metro Inc. jumped by 26 per cent in the latest quarter, from $275 million a year ago to $346 million.

5. montreal.ctvnews.ca › montreal-based-metro-seesQuebec grocery giant Metro sees profits shoot up amid surging ...

   montreal.ctvnews.ca › montreal-based-metro-sees

   Aug 9, 2023 · Metro Inc. says earnings surged in its latest quarter, fuelled by higher same-store sales. In the quarter ended July 1, the grocery and drug store retailer says net earnings skyrocketed 26 per cent...

6. www.blogto.com › eat_drink › 2023Metro raked in huge profits while denying striking workers ...

   www.blogto.com › eat_drink › 2023

   • Cached

   Nov 15, 2023 · According to the numbers from the fourth quarter ending on September 30, Metro's sales jumped 14.4 per cent from the same time last year, and earnings spiked a whopping 31.7 per cent,...

7. People also ask

   Why did Metro's earnings skyrocket 26 per cent?

   • Grocery and drug store retailer Metro says net earnings skyrocketed 26 per cent to $346.7 million from $275 million a year earlier. The company's strong financial results come at a time when 3,700 of its workers are on strike. (Aicha Smith-Belghaba/CBC) Grocery chain Metro Inc. says its profits surged in its latest quarter, fuelled by higher sales.

   Profits at Metro surge as grocery chain sees higher sales - CBC.ca

   www.cbc.ca/news/business/metro-profits-strike-1.6931386

   See all results for this question

   How did Metro Inc's earnings perform in Q1?

   • Metro Inc. says earnings surged in its latest quarter, fuelled by higher same-store sales. In the quarter ended July 1, the grocery and drug store retailer says net earnings skyrocketed 26 per cent to $346.7 million from $275 million a year earlier.

   Quebec grocery giant Metro sees profits shoot up amid surging same

   montreal.ctvnews.ca/montreal-based-metro-sees-profits-shoot-up-amid-surging-same-store-sales-growth-1.6511670

   See all results for this question

   Why did Metro's earnings skyrocket in the third quarter?

   • Metro reported a 26 per cent increase in net earnings to $346.7 million in the third quarter compared to $275 million in the same period last year. The company attributed this significant gain to a tax benefit after the Canada Revenue Agency granted previously disallowed capital losses.

   Metro sees profits soar as almost 4,000 GTA workers continue their

   toronto.citynews.ca/2023/08/09/metro-profits-shoot-up-amid-surging-same-store-sales-growth/

   See all results for this question

   How much did Metro earn a year ago?

   • Excluding one-time items, Metro earned $174 million or 68 cents per share in adjusted profits, compared with $161 million or 63 cents per share a year ago. Revenues increased 3.3 per cent to $3.86 billion, from $3.74 billion as food same-store sales climbed 4.1 per cent and pharmacy same-store sale were up 3.4 per cent.

   Metro Inc. ends fiscal year with Q4 profit rising 15.4%

   www.cbc.ca/news/business/metro-inc-quarter-four-profit-1.5366351

   See all results for this question

   How much did metro's revenue increase?

   • Revenues increased 3.3 per cent to $3.86 billion, from $3.74 billion as food same-store sales climbed 4.1 per cent and pharmacy same-store sale were up 3.4 per cent. Metro was expected to report 69 cents per share in adjusted profits on $3.85 billion of revenues, according to financial markets data firm Refinitiv.

   Metro Inc. ends fiscal year with Q4 profit rising 15.4%

   www.cbc.ca/news/business/metro-inc-quarter-four-profit-1.5366351

   See all results for this question

   How much did Metro's earnings beat analyst expectations?

   • Metro's adjusted profits beat analyst expectations of $1.29 per share according to financial markets data firm Refinitiv. This comes as 3,700 Metro workers are on strike, pushing for higher pay and other improvements.

   Metro sees profits soar as almost 4,000 GTA workers continue their

   toronto.citynews.ca/2023/08/09/metro-profits-shoot-up-amid-surging-same-store-sales-growth/

   See all results for this question

8. www.pressreader.com › canada › the-hamiltonMetro profit surges as strike grinds on - PressReader

   www.pressreader.com › canada › the-hamilton

   Aug 10, 2023 · In the quarter ended July 1, the grocery and drugstore retailer says net earnings skyrockete­d 26 per cent to $346.7 million from $275 million a year earlier. Responding to Metro’s earnings update on Wednesday, Unifor, the country’s largest private sector union, said in an emailed statement that “front line grocery workers deserve their ...