Canada's Metro slightly misses Q4 sales estimates

Reuters
2025.11.19 12:10
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Metro's Q4 sales rose 3.4% but slightly missed analyst expectations. Adjusted EPS for Q4 beat consensus, rising 10.8%. Net earnings were impacted by $22.5 mln due to the Toronto distribution centre shutdown. Metro expects a $15-20 mln impact on Q1 2026 net earnings from the shutdown. The company plans to open about a dozen new or converted stores next fiscal year and aims for efficiency gains in the supply chain and store network.