Metro Posts Higher Q4 Profit
Metro (OTC: MTRAF) reported a rise in its fourth-quarter earnings.
Metro's quarterly net earnings surged to C$145.1 million, or C$1.46 per share, from C$84.4 million, or 83 Canadian cents per share, in the year-ago period.
Its sales climbed 11.1% to C$2.94 billion, while sales at stores open at least a year increased 1.1%.
Metro shares closed at $58.12 yesterday.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.