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The latest announcement is out from Metro Inc. ( (TSE:MRU) ).
Metro Inc. reported strong results for the first quarter of Fiscal 2025, with sales increasing by 2.9% to $5,117.1 million and net earnings up 13.6% to $259.5 million. This performance was supported by solid revenue growth, successful marketing initiatives, and a strategic focus on cost management. The company’s food and pharmacy sectors both showed growth, with notable increases in online food sales and pharmacy same-store sales. The positive results are expected to create long-term shareholder value and strengthen Metro’s market positioning.
More about Metro Inc.
Metro Inc. operates in the retail industry, focusing primarily on grocery and pharmacy services. The company is known for its commercial programs and has recently launched the Moi Rewards program in Ontario to enhance customer engagement and drive sales.
YTD Price Performance: 1.53%
Average Trading Volume: 476,406
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$20.28B
For detailed information about MRU stock, go to TipRanks’ Stock Analysis page.
