JANUARY 26, 2021 - METRO Reports 2021 First Quarter Results

 HIGHLIGHTS

Please look at our Press Release (.pdf)

• Sales of $4,278.2 million, up 6.2%
• Food same-store sales up 10.0%
• Pharmacy same-store sales up 1.3%
• Net earnings of $191.2 million, up 12.3% and adjusted net earnings⁽¹⁾ of $197.7 million, up 9.3%
• Fully diluted net earnings per share of $0.76, up 13.4%, and adjusted fully diluted net earnings per share⁽¹⁾ of $0.79, up 11.3%
• Negative impact of about $0.05 per share due to the labour conflict at our Jean Coutu distribution center
• Expenses related to COVID-19 totalling $28 million
• Declared dividend of $0.25 per share, up 11.1%