Company
Metro Inc.
Headquarters: Montreal, QC, Canada
Founded: 1947
Employees: 90,000
CEO: Mr. Eric Richer La Fleche
Market Cap
C$17.49 Billion
CAD as of July 1, 2024
US$12.74 Billion
Metro Inc. Categories
Canada Consumer Staples Grocery StoresCanada Consumer Staples Canada Grocery Stores
Company Description
Metro Inc. is a food and pharmaceutical retailer in the provinces of Quebec and Ontario. Founded in 1947, Metro now operates more than 950 hypermarkets and discount stores under the Metro, Metro Plus, Super C, and Food Basics brands stores, as well as about 650 drugstores under the Jean Coutu, Brunet, Metro Pharmacy, and Food Basics Pharmacy brands. It also provides associated services including online grocery shopping and delivery, restaurants, and health centers.
Top Competitors by Market Capitalization
Industry: Grocery Stores
| Company | Market Cap (USD) |
|---|---|
| Alimentation Couche-Tard Inc. | $54.27 B |
| The Kroger Co. | $36.63 B |
| Loblaw Companies Limited | $36.19 B |
| Seven & i Holdings Co. Ltd | $32.05 B |
| Koninklijke Ahold Delhaize N.V. | $28.31 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Walmart | $542.78 B |
| Costco | $392.65 B |
| Procter & Gamble | $386.66 B |
| Coca-Cola | $272.82 B |
| Kweichow Moutai | $251.13 B |
Detailed Description
Metro Inc. operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. It operates supermarkets and discount stores that provide fresh and grocery products, baked goods, prepared foods, meats, dairy products, fruits and vegetables, frozen foods, bakery products, and pastries, as well as Mediterranean and Middle Eastern products. As of September 25, 2021, the company operated a network of approximately 963 food stores under various banners, including Metro, Metro Plus, Super C, and Food Basics, Adonis, and Premiere Moisson as well as approximately 649 drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy, and Food Basics Pharmacy banners. It also manufactures generic drugs; and provides online grocery shopping services. Metro Inc. was founded in 1947 and is headquartered in Montréal, Canada.
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Stocks & Indices
Metro Inc. has the following listings and related stock indices.
Stock: TSX: MRU wb_incandescent
Stock: FSX: 62M wb_incandescent
Stock: OTC: MTRAF wb_incandescent
Stock: OTC: MTRI wb_incandescent
Key People
Founder(s): Rolland Jeanneau [fr]
Eric R. La Flèche (President and CEO) François Thibault (Senior Vice President, CFO, Treasurer)
Financials
Revenue: CA$16.77 billion (2019) CA$14.38 billion (2018)
Operating income: CA$1,683.6 million (2020)
Net income: CA$796.4 million (2020)
Total assets: CA$13,423.9 million (2020)
Total equity: CA$6,155.4 million (2020)