Canadian grocery retailer Metro has reported its results for the first quarter ended 22 December 2012, with sales reaching C$2.7bn (US$2.73bn), an increase of 2.7 per cent on the previous year.
According to Metro, results were partly boosted by the inclusion of sales for the week preceding Christmas whereas, in fiscal 2012, sales for that week were included in the secondquarter, Planet Retail reported.
Same-store sales were up 1.5 per cent, EBITDA was up by 4.8 per cent to C$188m (USD190m), while net earnings increased by 17.1 per cent to C$121m (USD122m).
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