Insight Report 2 minutes PremiumMetro Group (DE:MEO) 2Q16 REVIEW: POSITIVE COMPS, OPERATING LOSS NARROWS Coresight Research May 11, 2016 Executive Summary Metro reported normalized 2Q16 EPS of (€0.18) versus consensus of (€0.17). Total revenue was down 0.9%, to €13.6 billion, beating consensus of €13.5 billion. Same-store sales were up 0.6%, versus consensus of +0.4%. Operating loss was €34 million, narrower than the 2Q15 loss of €564 million. Metro expects increases in sales and profitability for FY16, while analysts estimate revenue and operating profit to decline by 0.7% and 3.8% respectively versus FY15. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: November 2023 Monthly Consumer Update: US, UK and ChinaUS Retail and E-Commerce—Uncovering Opportunities in a Changing Landscape: Highlights from the Market NavigatorUS Consumer Tracker: Inflation Awareness Reaches Record HighUS Back to School 2024: Popular Products and Classroom Chic—Which Categories and Apparel Brands Will Dominate the Season?
