)
Edge23 Jan 2026
Death, Taxes, and Garbage: The Story of WM
How Waste Management turned garbage into one of America's most stable business models through landfills, regulation, and nationwide scale.
Metro
Metro (MRU) investor relations material
Metro Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary27 Jan, 2026
Executive summary
Q1 sales grew 3.3% year-over-year to CAD 5.3 billion ($5,285.8 million), with adjusted EBITDA up 4.7% and adjusted EPS up 5.5%.
Net earnings were $226.3 million, down 12.8% year-over-year, while adjusted net earnings rose 1.3% to $248.7 million, reflecting one-time costs and tax adjustments.
Operations at the Toronto frozen food distribution center have fully resumed after a costly temporary shutdown.
Dividend per share increased 10.1% to CAD 0.4075 ($0.4075).
Online sales surged 25.8%, driven by third-party marketplaces and expanded delivery services.
Financial highlights
Adjusted EBITDA reached CAD 504.2 million, up 4.7% year-over-year, representing 9.5% of sales.
Adjusted net earnings were CAD 248.7 million, up 1.3% year-over-year; adjusted EPS was CAD 1.16, up 5.5%.
Gross margin was CAD 1.04 billion or 19.7% of sales, flat year-over-year.
Operating expenses, excluding freezer costs, grew 1.6% year-over-year, representing 10.2% of sales; including freezer costs, operating expenses rose to 10.5%.
Capital expenditures totaled CAD 61.9 million, down from CAD 89.3 million last year.
Outlook and guidance
CapEx for fiscal 2026 expected to reach approximately CAD 550 million, focused on retail network investment.
No specific margin or EPS guidance provided, but management remains committed to long-term financial objectives.
Plans to open about a dozen new or converted discount stores and several major renovations in 2026.
Continued emphasis on value, private labels, and loyalty programs amid a challenging economic environment.
What is the total cost of the Toronto freezer issue?
Detail discount banner expansion plans
Update on ongoing class action litigation
Freezer DC resolution and future risk
Pharmacy automation: expected margin improvement?
GLP-1 generics: Pro Doc's strategy?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Metro earnings date
Q2 202616 Apr, 2026
Metro
Next Metro earnings date
Q2 202616 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Metro Inc is a food and pharmaceutical distribution company operating supermarkets, discount stores, and drugstores under various banners. It serves retail and wholesale customers primarily in Quebec and Ontario. The company is headquartered in Montreal, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage