Metro Inc. reports a slight drop in quarterly profits but sees growth in food and pharmacy sales.

Grocery and drugstore retailer Metro Inc. reported a fourth-quarter profit of $219.9 million, slightly down from $222.2 million the previous year. Food same-store sales increased by 2.2%, with online sales up 27.6%. Pharmacy sales rose 5.7%, driven by prescription drugs and front-store sales. The company's CEO noted that the year was transitional, with investments in supply chain and store expansions.

November 20, 2024
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