MONTREAL - Grocery and drugstore retailer Metro Inc. reported a third-quarter profit of $211.3 million, down from $323 million a year earlier.
The company says the profit amounted to $1.00 per diluted share for the 16-week period ended July 4 compared with a profit of $1.48 per share in the same quarter last year.
Sales for the quarter totalled $6.97 billion, up from $6.87 billion a year earlier.
The increase came as food same-store sales were down 1.5 per cent for the quarter.
Pharmacy same-store sales were up 4.8 per cent, boosted by a 6.4 per cent increase in prescription drugs and a 1.4 per cent increase in front-store sales.
On an adjusted basis, Metro says it earned $1.24 per diluted share in its latest quarter, down from $1.52 per diluted share a year earlier.
This report by The Canadian Press was first published Aug. 12, 2026.
Companies in this story: (TSX:MRU)
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