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Metro Inc. (MTRAF) Q4 2024 Earnings Call Transcript Summary

Metro Inc. (MTRAF) Q4 2024 Earnings Call Transcript Summary

Metro Inc. (MTRAF) 2024財年第四季度業績會會議記錄摘要
moomoo AI ·  11/20 21:50  · 電話會議

The following is a summary of the Metro Inc. (MTRAF) Q4 2024 Earnings Call Transcript:

以下是麥德龍公司(MTRAF)2024年第四季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Total sales reached $4.94 billion, down 2.6% YoY but up 5.7% on a comparable basis.

  • Adjusted EPS increased to $1.02 from $0.99 despite a slight earnings decrease.

  • 總銷售額達到49.4億美元,同比下降2.6%,但同比增長5.7%。

  • 儘管收益略有下降,但調整後的每股收益從0.99美元增至1.02美元。

Business Progress:

業務進展:

  • Completed automation in Toronto and opened new automated center in Terrebonne.

  • Launched MOI Rewards in Ontario with over 1 million enrollments.

  • 在多倫多完成了自動化,並在特雷博訥開設了新的自動化中心。

  • 在安大略省推出了MOI獎勵計劃,註冊人數超過100萬。

Opportunity:

機會:

  • Modernizing supply chain and expanding online sales through partnerships and click-and-collect services.

  • Planning a dozen new discount stores for fiscal 2025.

  • 通過合作伙伴關係和點擊提貨服務實現供應鏈現代化並擴大在線銷售。

  • 計劃在2025財年開設十幾家新的折扣店。

Risk:

風險:

  • Economic fluctuations and higher interest rates increased net financial costs to $32.6 million.

  • Ongoing competition in food and pharmacy sectors.

  • 經濟波動和更高的利率使淨財務成本增加到3,260萬美元。

  • 食品和製藥行業的持續競爭。

Financial Performance:

財務業績:

  • Total sales reached $4.94 billion, a decline of 2.6% year-over-year but showing a comparable 12-week basis sales increase of 5.7%.

  • EBITDA for the quarter was $459.6 million, representing 9.3% of sales.

  • Adjusted net earnings were $226.5 million, a slight decrease from the previous year, with adjusted EPS increasing to $1.02 from $0.99.

  • Gross margin slightly improved to 19.7%.

  • Operating expenses as a percentage of sales improved to 10.4%.

  • Net financial costs increased to $32.6 million compared to $30.1 million last year.

  • 總銷售額達到49.4億美元,同比下降2.6%,但12周銷售額同比增長5.7%。

  • 該季度的息稅折舊攤銷前利潤爲4.596億美元,佔銷售額的9.3%。

  • 調整後的淨收益爲2.265億美元,比上年略有下降,調整後的每股收益從0.99美元增至1.02美元。

  • 毛利率略有提高至19.7%。

  • 運營費用佔銷售額的百分比提高到10.4%。

  • 淨財務成本從去年的3,010萬美元增加到3,260萬美元。

Business Progress:

業務進展:

  • Completed the final phase of Toronto's automated fresh facility and Terrebonne's new automated fresh and frozen center.

  • Opened nine new food retail stores, including three Super C conversions, and major renovations or relocations to 11 stores, adding 318,000 square feet or 1.5% to the food retail network.

  • Deployed self-checkout technology in 529 stores and electronic shelf tags in 397 stores.

  • Continued enhancement of online services with a 27% growth in online sales and expansions in click-and-collect services.

  • Launched MOI Rewards in Ontario with over 1 million enrollments.

  • Planned further expansion in fiscal 2025, including a dozen new discount stores.

  • 完成了多倫多自動化生鮮設施和特雷博訥新的自動化生鮮和冷凍中心的最後階段。

  • 開設了九家新的食品零售門店,包括三家Super C改建門店,並對11家門店進行了重大翻新或搬遷,使食品零售網絡增加了318,000平方英尺,增長了1.5%。

  • 在 529 家商店部署了自助結賬技術,在 397 家商店部署了電子貨架標籤。

  • 在線服務持續增強,在線銷售增長了27%,點擊提貨服務也有所擴大。

  • 在安大略省推出了MOI獎勵計劃,註冊人數超過100萬。

  • 計劃在2025財年進一步擴張,包括開設十幾家新的折扣店。

Opportunities:

機會:

  • Anticipate leveraging modernized supply chain efficiencies for future growth and strengthening market position. This includes increased operational efficiency and enhanced logistical capabilities from newly automated distribution centers. There is also potential to capitalize on shifting demographics and suburban expansions.

  • Online sales growth opportunities continue, particularly through third-party partnerships and click-and-collect expansions.

  • 預計利用現代化的供應鏈效率來實現未來增長並鞏固市場地位。這包括提高運營效率和增強新近自動化配送中心的物流能力。還有可能利用人口結構的變化和郊區的擴張。

  • 在線銷售增長機會仍在繼續,特別是通過第三方合作伙伴關係和點擊提貨的擴展。

Risks:

風險:

  • Economic fluctuations could impact profitability, as depicted by current financial pressures from increased net financial costs due to higher debt levels and interest rates.

  • Ongoing market competition in both food and pharmacy sectors necessitates continual innovation and value delivery to sustain market share gains.

  • 經濟波動可能會影響盈利能力,如債務水平和利率上升導致淨財務成本增加所帶來的當前財務壓力所示。

  • 食品和製藥行業持續的市場競爭需要持續的創新和價值交付,以維持市場份額的增長。

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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