The profit of the Quebec giant in the grocery and pharmacy sector was $219.9 million for the months of July, August and September, compared to $222.2 million for the same period in 2023.
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“Our 2024 fiscal year ended with a solid fourth quarter which adds to a very strong performance last year,” said Eric La Flèche, President and CEO of Metro.
For the three months of the fourth quarter, sales totaled $4.94 billion.
The profit of the company, which also owns Jean Coutu pharmacies, was 98 cents per share for the quarter, compared to a profit of 96 cents per share for the same period in 2023.
In grocery stores, same-store sales are up 2.2%, while in pharmacies, same-store sales are up 5.7%.
Online food sales increased 27.6% at Metro in the fourth quarter of 2024 following a 116% increase in the fourth quarter of 2023.
More details will follow
