Canadian supermarket operator Metro Inc today (23 March) booked an increase in second-quarter profits, as the company felt the benefit of higher prices and consumers increasingly eating at home.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company, which operates the Metro, A&P and Food Basics banners, reported earnings of C$76.3m (US$61.8m), up from C$54m in the comparable period of last year.


Revenue rose 7.5% to C$2.55bn, up from C$2.37bn in the second quarter of last year. Sales at stores open a year or more also saw similar gains, rising 7.3%.


“Our strong sales and earnings growth in the second quarter are due to the efforts of our teams who have implemented effective merchandising programmes and have improved the efficiency of our operations,” president and CEO Eric La Fleche said.


Shares in the Canadian retailer were down slightly at 20.19 GMT, dipping 0.13% to C$37.60,

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now