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Canadian grocer Metro's profit beats as Ontario sales rise
date:Apr 17, 2014
ore operator Alimentation Couche-Tard (ATDb.TO).

Analysts on average had expected a second-quarter profit of C$1.02 per share, according to Thomson Reuters I/B/E/S.

Metro's sales rose 1.7 percent to C$2.55 billion in the second quarter. Analysts on average had expected C$2.52 billion.

Same-store sales rose 1 percent.

The company raised its quarterly dividend to 30 Canadian cents per share from 25 Canadian cents.

Metro's shares closed at C$64.28 on Tuesday on the Toronto Stock Exchange.

12/25 08:18