BERLIN – Metro Group’s net profits dropped 54.7 percent in the third quarter, impacted by discontinued operations, negative currency effects and lower interest income due to the weak capital market.
The German retail giant - which is comprised of the core Cash & Carry division, Galeria Kaufhof department stores as well as electronics chains, supermarkets and hypermarkets - reported a net profit of 97 million euros or $138.6 million for the period. Dollar figures are converted from the euro at an average exchange rate for the periods to which they refer.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)