Metro Inc. reported consolidated earnings results for the first quarter ended December 19, 2015. For the quarter, the company reported sales of CAD 2,961.6 million compared with CAD 2,840.5 million for the same period last year. Operating income before depreciation and amortization and associate's earnings was CAD 210.3 million compared with CAD 190.0 million for the same period last year.

Net earnings were CAD 139.8 million or CAD 0.56 diluted per share compared with CAD 112.5 million or CAD 0.43 diluted per share for the same period last year. Adjusted net earnings were CAD 139.8 million or CAD 0.56 diluted per share compared with CAD 116.8 million or CAD 0.45 diluted per share for the same period last year. The company has reported that net earnings attributable to equity holders of the parent for the first quarter ended December 19, 2015 were CAD 136.6 million, or CAD 0.56 per diluted share, compared to CAD 109.8 million, or CAD 0.43 per diluted share for the same quarter ended December 20, 2014.

Earnings before income taxes for the first quarter ended December 19, 2015 were CAD 186.2 million, compared to CAD 148.6 million for the same quarter ended December 20, 2014.