Metro releases Q4, yearly financials

Grocery giant Metro Inc. reported Q4 sales of $4.94 billion, down 2.6 percent from the comparable period of fiscal 2023. Same-store sales of food were up 2.2 percent for the quarter. Net earnings fell by 1.0 percent to $219.9 million. For the full fiscal year, net earnings declined by 8.5 percent to $931.7 million, while sales of $21.2 billion represented a 2.4 percent increase from fiscal 2023.