Metro Holds Prices Stable as Normal This Winter in Wake of Loblaw Campaign

Metro says its holding prices steady as usual this winter in wake of Loblaw campaign

Metro says its holding prices steady as usual this winter in wake of Loblaw campaign

Metro says its holding prices steady as usual this winter in wake of Loblaw campaign

Metro says its holding prices steady as usual this winter in wake of Loblaw campaign

MELVILLE, NY–(Marketwired – Nov 11, 2013) – Metro Inc. (TSX VENTURE:M) (the “Company”) today provides management a summary of its fourth quarter and full year 2013 financial results. Management provided further details in the Company’s fourth quarter and full year 2013 earnings release, dated September 30, 2013 (“LOBBY RELEASE”).

Management

In its discussion of the Company’s full year 2013 financial results, management provided highlights of the Company’s financial performance through the first nine months of 2013, including operating income of $9,828,000, net income of $5,017,000 and net cash from operations of $1,906,000.

In the Company’s fourth quarter 2013 financial results, management provided details of the Company’s operating performance for the quarter ending March 31, 2013 and the first nine months of 2013. In its discussion of the Company’s performance through the first nine months of 2013 and the full year 2013 results, management provided highlights of the Company’s financial performance through the first nine months of 2013, including operating income of $9,828,000, net income of $5,017,000 and net cash from operations of $11,045,000.

Management commented on the Company’s operating performance for the nine-month period ended September 30, 2013 and the half-year period ended September 30, 2012. In its discussion of the Company’s nine-month period and the half-year period results, management expressed confidence in the Company’s ability to continue to provide services to customers, with management commenting that it has delivered solid earnings and positive operating cash flow during the nine-month period and first half of next year, respectively. Management also noted that it remained confident in the Company’s future financial performance and the anticipated growth of the Company’s business.

Executive Summary

The third

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