Metro Inc

MRU: XTSE (CAN)
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Metro Earnings: Promotional Intensity Pressures Grocery Sales but Drugstore Demand Resilient

Metro's sales grew 3% in the third quarter of fiscal 2025, driven by same-store sales growth of 1.9% and 5.5%, respectively, in groceries and pharmacy, while floor space growth was under 1%. Adjusted operating profit grew 6% as operating margin widened 20 basis points to 6.9%.

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