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Metro Inc. posted a slight profit drop in Q4 2025 due to a Toronto frozen food center shutdown, but sales and earnings rose.
Metro Inc. reported a $217 million fourth-quarter profit for 2025, slightly down from $219.9 million a year earlier, due to a $22.5 million loss from a nearly two-month shutdown of its Toronto frozen food distribution center caused by a mechanical refrigeration failure.
Operations resumed in November, with ongoing costs of $15 million to $20 million expected in early 2026.
Despite the disruption, sales rose to $5.11 billion, with food same-store sales up 1.6% and pharmacy sales increasing 4.8%, driven by higher prescriptions and front-store sales.
Adjusted earnings per share reached $1.13, up from $1.02.
The company completed a major supply chain transformation in late 2024 and expects full recovery by year-end.
Metro Inc. registró una ligera caída de ganancias en el cuarto trimestre de 2025 debido al cierre de un centro de alimentos congelados de Toronto, pero las ventas y las ganancias aumentaron.