April 22 (Reuters) - Metro Inc MRU.TO :
* METRO REPORTS 2020 SECOND QUARTER RESULTS
* Q2 ADJUSTED EARNINGS PER SHARE C$0.72
* Q2 EARNINGS PER SHARE C$0.69
* Q2 SALES C$3.989 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$4.07 BILLION
* Q2 EARNINGS PER SHARE ESTIMATE C$0.74 -- REFINITIV IBES DATA
* IMPACT OF COVID-19 REPRESENTS AN INCREASE IN NET EARNINGS PER SHARE OF ABOUT $0.03 IN QUARTER
* QTRLY FOOD SAME-STORE SALES UP 9.7%, AND UP 5.2% EXCLUDING COVID-19 IMPACT
* QTRLY PHARMACY SAME-STORE SALES UP 7.9%, AND UP 6.4% EXCLUDING COVID-19 IMPACT
* IN FIRST PERIOD (FOUR WEEKS) OF Q3, WHICH ENDED APRIL 11, FOOD SAME-STORE SALES WERE UP 25% VERSUS LAST YEAR
* EXPERIENCING HIGHER OPERATING EXPENSES, NAMELY IN TERMS OF LABOR, SAFETY MEASURES
* IN FIRST PERIOD OF Q3, PHARMACY COMMERCIAL SAME-STORE-SALES ARE DOWN 9% VERSUS LAST YEAR
* FACE DELAYS IN SOME INVESTMENT PROJECTS, NAMELY NEW AUTOMATED GROCERY DISTRIBUTION CENTERS IN ONTARIO