Metro Inc. (TSE:MRU) has released an update.
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Metro Inc. reports a moderate increase in second-quarter sales, reaching $4.655 billion, a 2.2% rise from the previous year, despite a decline in net earnings by 14.5%. The company saw a slight uptick in food same-store sales and a more significant 5.9% increase in pharmacy sales. As Metro Inc. gears up for new developments, including a rewards program launch, it remains focused on enhancing productivity and creating long-term shareholder value.
For further insights into TSE:MRU stock, check out TipRanks’ Stock Analysis page.