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Metro, Inc.

MRU.TO

Latest Trade

64.02CAD

Change

0.27(+0.42%)

Volume

297,446

Today's Range

63.16

 - 

64.13

52 Week Range

49.03

 - 

64.61

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
63.75
Open
64.13
Volume
297,446
3M AVG Volume
9.93
Today's High
64.13
Today's Low
63.16
52 Week High
64.61
52 Week Low
49.03
Shares Out (MIL)
251.11
Market Cap (MIL)
16,008.46
Forward P/E
19.58
Dividend (Yield %)
1.41

Next Event

Q4 2020 Metro Inc Earnings Release

Latest Developments

More

Metro Q3 Adjusted Earnings Per Share C$1.08

Metro Reports Q2 Earnings Per Share Of C$0.69

Metro To Invest $420 Mln To Build Automated Distribution Centre In Terrebonne, Quebec

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About Metro, Inc.

Metro Inc. is a Canada-based company engaged in the food and pharmaceutical industry. The Company, as a retailer, franchisor or distributor, operates under various grocery banners in the conventional supermarket and discount segments. It operates approximately 327 supermarkets under the Metro and Metro Plus banners. Its approximately 232 discount stores operating under the Super C and Food Basics banners offer products at low prices to consumers who are both cost and quality-conscious. Its Adonis banner, which has approximately 13 stores, specializes in fresh products and Mediterranean and Middle-Eastern products. It also operates as a distributor for independent neighborhood grocery stores. It operates Premiere Moisson, a company specialized in artisan bakery, pastry, and deli products. It operates approximately 72 drugstores in Ontario under Metro Pharmacy and Food Basics Pharmacy banners.

Industry

Retail (Grocery)

Contact Info

11011 Maurice-Duplessis

MONTREAL, QC

H1C 1V6

Canada

+1.514.6431000

https://www.metro.ca/en

Executive Leadership

Real Raymond

Independent Chairman of the Board

Eric Richer La Fleche

President, Chief Executive Officer, Non-Independent Director

Francois Thibault

Chief Financial Officer, Executive Vice President, Treasurer

Alain Champagne

President, Jean Coutu Group

Christian Bourbonniere

Executive Vice President - Quebec Division Head

Key Stats

2.82 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, CAD)

2017

13.2K

2018

14.4K

2019

16.8K

2020(E)

18.0K
EPS (CAD)

2017

2.570

2018

2.520

2019

2.840

2020(E)

3.284
Price To Earnings (TTM)
20.86
Price To Sales (TTM)
0.90
Price To Book (MRQ)
2.64
Price To Cash Flow (TTM)
13.46
Total Debt To Equity (MRQ)
78.47
LT Debt To Equity (MRQ)
73.87
Return on Investment (TTM)
7.40
Return on Equity (TTM)
6.45

Latest News

Latest News

Metro shares jump after investors offer to raise stake

Shares in German wholesaler Metro jumped more than 6% on Monday after EP Global Commerce, an acquisition vehicle owned by Czech and Slovak investors, launched a new offer to increase their stake in the company.

UPDATE 1-Germany's Metro expects 3.5%-5% annual sales fall as lockdown eases

* Eastern Europe faring better than Western Europe, Asia (Adds earnings outlook, regional development)

Metro sees FY sales decline no worse than 5% as restrictions eased

German food wholesaler Metro on Monday said the sales decline in its fiscal year through September would be limited to a 3.5%-5% range because its business with hotels and restaurants has been perking up since May.

Metro sees sales falling as lockdowns continue

German wholesaler Metro, which saw an initial boost to sales during the coronavirus crisis due to traders stocking up, said it expects sales to decline as long as lockdowns continue as its restaurant and hotel customers stay closed.

Germany's Metro withdraws outlook on coronavirus woes

German retailer Metro <B4B.DE> on Friday withdrew its guidance for the financial year 2019/20 due to the expected negative impact of the coronavirus on sales and earnings in the second half of the year.

Germany's Metro withdraws outlook on coronavirus woes

German retailer Metro on Friday withdrew its guidance for the financial year 2019/20 due to expected negative impact of the coronavirus on sales and earnings in the second half of the year.

Metro sales boosted by corona panic buying - Wirtschaftswoche

Germany's Metro is experiencing a boost to sales from panic buying of pasta, ready-made meals and tinned foods, the retail chain's chief executive Olaf Koch told Wirschaftswoche.

German Metro shareholders had no approach by Sysco on potential takeover

Two leading German shareholders in Metro said on Wednesday that they had not been approached by Sysco over a potential takeover of the wholesaler by the U.S. food distributor.

Sysco contacted Germany's Metro over potential takeover: sources

U.S. food distributor Sysco <SYY.N> has contacted Metro <B4B.DE> about a potential takeover of the German wholesaler, two people close to the matter told Reuters on Tuesday.

Metro CEO expects less than 30 Real stores to be closed - letter

German wholesaler Metro <B4B.DE> on Tuesday said it expects the future owners of its struggling Real hypermarkets unit to close less than 30 of the division's stores, according to a staff letter by Metro CEO Olaf Koch that was seen by Reuters.

Meridian, Beisheim hike Metro stake, open to buying more shares

Investors Meridian Foundation and the Beisheim Group have raised their stake in German wholesaler Metro <B4B.DE> to about 23% and are open to buying more shares, they said on Tuesday, adding they believe the firm is undervalued.

Meridian, Beisheim hike Metro stake, open to buying more shares

Investors Meridian Foundation and the Beisheim Group said on Tuesday they have increased their stake in German wholesaler Metro to about 23% and are open to further expanding their shareholding, saying they believe the firm is undervalued.

CORRECTED-Metro expects 1.5 bln euros from China stake, hypermarket sale

Metro expects net proceeds of 1.5 billion euros ($1.65 billion) from the sale of a majority stake in its China business and its struggling Real hypermarkets unit, both of which it said it hopes to close soon, the German wholesaler said on Wednesday.

UPDATE 2-Metro announces exclusive talks on hypermarkets sale with X+Bricks

Metro is entering exclusive talks on the sale of its struggling Real hypermarkets unit to a consortium led by property investor X+Bricks, the German wholesaler said on Thursday, confirming a Reuters report.

Metro to shortly enter exclusive talks on hypermarkets sale with X+Bricks - sources

German wholesaler Metro is expected to shortly enter exclusive talks on the sale of its Real hypermarkets unit to a consortium led by property investor X+Bricks, three people close to the matter said on Thursday.

Metro to shortly enter exclusive talks on hypermarkets sale with X+Bricks - sources

German wholesaler Metro is expected to shortly enter exclusive talks on the sale of its Real hypermarkets unit to a consortium led by property investor X+Bricks, three people close to the matter said on Thursday.

Consortium including X+Bricks beefs up offer for Metro's Real hypermarkets

A consortium seeking to buy German wholesaler Metro's <B4B.DE> Real chain has beefed up its offer for the hypermarkets, property investor X+Bricks, one of the bidders in the group, said on Thursday.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

Metro to sell majority stake in Chinese business to Wumart

German wholesaler Metro <B4B.DE> has agreed to sell a majority stake in its Chinese operations to local retailer Wumart, continuing a drive to simplify its business and focus on its core customers in the hospitality industry.

Wumart emerges as leading bidder for stake in Metro's China ops - sources

China's Wumart Stores has emerged as the front runner to clinch a majority stake in German retail giant Metro's China business, sources familiar with the auction told Reuters.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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