Company Earnings Update 3 minutesRegister for Free AccessMetro Group (DB: MEO)1Q17 Trading Update: Weak Grocery Segment Weighs on Top Line Coresight Research January 11, 2017 Executive Summary Metro Group reported net sales of €17.0 billion in 1Q17, down 0.6% from the same period last year, and almost in line with consensus estimates. Comps edged up by 0.1% year over year. Metro Cash and Carry posted sales of €8.0 billion, down 0.3% year over year, which the company attributed to sales of its operations in Vietnam and negative foreign-currency effects. Sales at Media-Saturn were flat at €6.9 billion, and sales at Real declined by 4.0% to €2.1 billion. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US CPG Sales Tracker: Nonfood CPG Rebounds, with E-Commerce and In-Store Growth Accelerating10 US Consumer and Retail Trends 2024: Insights Presented at Lectra’s Ideation 2023Weekly US and UK Store Openings and Closures Tracker 2024, Week 45: American Freight To Close All StoresEarnings Insights 4Q23, Week 5: Bath & Body Works, TJX Companies and Urban Outfitters See Sales Growth; Best Buy, Lowe’s and Others See Sales Decline