(Reuters) – Shares of Canada’s Metro Inc slipped on Tuesday after the supermarket and drugstore chain warned of tough economic conditions and rising competition, despite reporting higher quarterly profits. The chain, which is bracing for the opening of the first Target Corp stores north of the border this spring, posted higher earnings on rising sales and profit margins. It pointed out that the timing of its fiscal first quarter ended December 22 flattered the results. …
Earnings News Headlines – Yahoo! News
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