Company

Metro Inc.

Headquarters: Montreal, QC, Canada

Founded: 1947 

Employees: 90,000

CEO: Mr. Eric Richer La Fleche

show_chart TSX: MRU -0.42%

Market Cap

C$16.84 Billion

CAD as of July 1, 2023

US$12.71 Billion

history Market Cap History

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.

Metro Inc. market capitalization over time

Evolution of Metro Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Metro Inc.

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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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)

Details

Headquarters:

11011 Maurice-Duplessis Boulevard

Montreal, QC H1C 1V6

Canada

Phone: 514 643 1000

Fax: 514 643 1215