Metro Q3 Revenue Tops Estimates by $2.01B on Pharmacy Growth

Metro reported Q3 revenue of $6.97B, exceeding expectations as pharmacy same-store sales rose 4.8% year-over-year. Metro posted third-quarter non-GAAP earnings per share of $1.24 on revenue of $6.97 billion, surpassing estimates by $2.01 billion. The results were driven by

Metro reported Q3 revenue of $6.97B, exceeding expectations as pharmacy same-store sales rose 4.8% year-over-year.

Metro posted third-quarter non-GAAP earnings per share of $1.24 on revenue of $6.97 billion, surpassing estimates by $2.01 billion. The results were driven by a 1.5% year-over-year revenue increase.

Food same-store sales declined 1.5%, while pharmacy same-store sales climbed 4.8%. The company opened five new stores during the quarter, maintaining expansion momentum.

The report highlighted mixed performance across segments, with pharmacy growth offsetting weaker food sales.

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