MRU.A
METRO INC. $53 (Toronto symbol MRU.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 100.7 million; Market cap: $5.3 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.5%; TSINetwork Rating: Average; www.metro.ca) plans to simplify its share structure. Right now, the supermarket operator has two classes of shares: 100.1 million class A subordinate-voting shares (one vote per share) and 577,440 class B multiplevoting …read more »
Metro Inc., Toronto symbol MRU.A, is Canada’s third-largest supermarket operator, after Loblaw and Sobeys. Metro has about 600 supermarkets in Quebec and Ontario.
Metro is one of the growth stocks we analyze in our Successful Investor newsletter.
In the three months ended July 2, 2011, the growth stock’s sales rose 0.4%, to $3.58 billion from $3.56 billion a year earlier. Same-store sales …read more »
Loblaw and Metro have cut their costs and upgraded their inventory-management systems. The resulting savings are helping increase their profits, even with higher food costs and rising competition. Loblaw has a higher p/e ratio than Metro, but that reflects its wider geographic reach and expansion into non-food businesses, like clothing. Metro’s subordinate-voting shares also weigh on its p/e.
LOBLAW COMPANIES …read more »
In the April 21, 2011, Successful Investor Email/Telephone Hotline, we’ve updated our buy/sell/hold advice on grocery retailer Metro Inc. (symbol MRU.A on Toronto).
Inside this growth stock’s evolution from an aggressive to a conservative pick
Metro is a good example of a stock that has graduated from Stock Pickers Digest, our newsletter for aggressive investors, to The Successful Investor, which focuses on …read more »
Metro Inc., symbol MRU.A on Toronto, is Canada’s third-largest supermarket, after Loblaw and Sobeys. Metro has about 600 supermarkets and 250 drugstores in Quebec and Ontario under banners including Metro, Metro Plus, GP, Super C and Food Basics. In Quebec, its franchises include Brunet drugstores and Cini-Plus pharmacies.
Metro is one of the bargain stocks we analyze in our Successful …read more »
In the latest issue of The Successful Investor, we’ve updated our buy/sell/hold advice on grocery retailer Metro Inc. (symbol MRU.A on Toronto).
Metro: An aggressive pick that matured into a stock more suitable for conservative investing
Metro is a good example of a stock that has graduated from Stock Pickers Digest, our newsletter for aggressive investors, to The Successful Investor, which focuses …read more »
ARBOR MEMORIAL SERVICES INC. $19 (Toronto symbol ABO.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 10.7 million; Market cap: $203.3 million; Price-to-sales ratio: 0.9; SI Rating: Average) owns 41 cemeteries, 26 crematoria, four reception centres for memorial services and 87 funeral homes in eight provinces. In its fiscal year ended October 26, 2008, earnings rose 10.0%, to $19.7 million, or …read more »
METRO INC. $37 (Toronto symbol MRU.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 110.6 million; Market cap: $4.9 billion; Price-to-sales ratio: 0.4; SI Rating: Average) operates 558 food stores and 268 drugstores in Ontario and Quebec.
The company earned $281.3 million in the fiscal year ended September 27, 2008, down 4.6% from $295.0 million in the prior year. Earnings per share …read more »
Both Loblaw and Metro are starting to realize the benefits of their ongoing restructuring. Lower costs will help them compete with Wal-Mart, which continues to expand its grocery operations. For new buying, however, we still prefer Metro.
LOBLAW COMPANIES LTD. $37 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 274.2 million; Market cap: $10.1 billion; Price-to-sales ratio: 0.3; SI …read more »
Metro Inc. $25 (Toronto symbol MRU.A Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 111.9 million; Market cap: $2.8 billion; SI Rating: Extra risk) operates around 600 retail food stores under the Metro, Metro Plus, Super C, A&P, Dominion, Loeb and Food Basics banners.
Metro has completed the first phase of its 2005 acquisition of A&P Canada, which operates 244 stores in …read more »
