Canadian grocer Metro's profit beats as Ontario sales rise
date:Apr 17, 2014
rategies and investments, as well as our reorganization of our Ontario store network enabled us to increase sales in a market that remains intensely competitive, Metro said in a statement.

The company's net income fell to C$96.9 million, or C$1.07 per share, in the quarter ended March 15 from C$362.7 million, or C$3.80 per share, a year earlier.

In the second quarter of 2013, the company had an after-tax gain of $266.4 million related to the sale of part of its stake in Canadian convenience st
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