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Metro Inc.

03:55 PM EST - Metro Inc. : reported net income for the first quarter of $98.1 million or $0.91 per share, compared to $81.1 million or $0.73 per share for the year-ago quarter. Excluding items, adjusted net income for the first quarter was $88.7 million or $0.82 per share, compared to $84.1 million or $0.76 per share in the prior year quarter. Sales for the first quarter increased 1.7% to $2.65 billion from $2.60 billion in the same quarter last year. Metro Inc. shares T.MRU.A are trading up $0.84 at $40.00.