Metro reports Q1 profit gain

Grocer Metro Inc. has posted Q1 adjusted net earnings of $245.4 million, or $1.10 per share, up 4.0 percent from $235 million ($1.02) a year earlier. Revenues rose by 2.9 percent to $5.1 billion. Same-store sales were up by 1.0 percent at Metro’s grocery banners and 5.1 percent at its pharmacies.

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