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Canadian (TSX) Food and Staples Retail Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies12
  • 7D1.8%
  • 3M5.9%
  • 1Y19.6%
  • YTD4.1%

In the last week, the Food and Staples Retail industry is up 1.8%, with Alimentation Couche-Tard up 2.4%. This means that the industry has gained 16% over the past year. As for the next few years, earnings are expected to grow by 5.0% per annum.

Industry Valuation and Performance

Has the Canadian Food and Staples Retail Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Apr 2026CA$220.1bCA$288.4bCA$8.6b25.3x25.5x0.8x
Thu, 05 Mar 2026CA$223.2bCA$284.3bCA$9.4b24.6x23.7x0.8x
Sat, 31 Jan 2026CA$208.3bCA$284.0bCA$9.3b22x22.5x0.7x
Mon, 29 Dec 2025CA$211.7bCA$284.2bCA$9.3b22.4x22.7x0.7x
Wed, 26 Nov 2025CA$217.0bCA$287.2bCA$9.4b21.2x23x0.8x
Fri, 24 Oct 2025CA$208.2bCA$283.8bCA$8.9b19.5x23.3x0.7x
Sun, 21 Sep 2025CA$202.6bCA$281.6bCA$9.0b19.7x22.4x0.7x
Tue, 19 Aug 2025CA$207.0bCA$282.1bCA$8.8b18.4x23.5x0.7x
Thu, 17 Jul 2025CA$202.5bCA$281.0bCA$8.7b20.8x23.2x0.7x
Sat, 14 Jun 2025CA$209.5bCA$282.9bCA$8.7b23x24.1x0.7x
Mon, 12 May 2025CA$203.5bCA$285.5bCA$8.8b21.1x23.1x0.7x
Wed, 09 Apr 2025CA$190.9bCA$286.5bCA$9.0b22.2x21.3x0.7x
Fri, 07 Mar 2025CA$188.9bCA$283.5bCA$9.1b22.1x20.8x0.7x
Sun, 02 Feb 2025CA$189.8bCA$285.9bCA$8.4b19.4x22.7x0.7x
Tue, 31 Dec 2024CA$197.0bCA$284.4bCA$8.3b20.3x23.7x0.7x
Thu, 28 Nov 2024CA$191.2bCA$281.8bCA$8.2b21.6x23.2x0.7x
Sat, 26 Oct 2024CA$180.8bCA$279.0bCA$8.8b18.4x20.6x0.6x
Mon, 23 Sep 2024CA$184.9bCA$276.6bCA$8.7b19.8x21.3x0.7x
Wed, 21 Aug 2024CA$189.0bCA$273.3bCA$8.8b18.6x21.4x0.7x
Fri, 19 Jul 2024CA$184.9bCA$273.3bCA$9.1b17x20.4x0.7x
Sun, 16 Jun 2024CA$172.4bCA$271.7bCA$9.4b16.1x18.3x0.6x
Tue, 14 May 2024CA$172.0bCA$270.6bCA$9.3b15.6x18.4x0.6x
Thu, 11 Apr 2024CA$168.9bCA$270.0bCA$9.6b15.9x17.6x0.6x
Sat, 09 Mar 2024CA$177.9bCA$270.1bCA$9.6b16.4x18.4x0.7x
Mon, 05 Feb 2024CA$170.0bCA$268.8bCA$9.5b16.1x17.8x0.6x
Wed, 03 Jan 2024CA$165.1bCA$267.6bCA$9.5b15.8x17.4x0.6x
Fri, 01 Dec 2023CA$161.1bCA$269.0bCA$9.6b16x16.8x0.6x
Sun, 29 Oct 2023CA$152.6bCA$268.9bCA$9.7b15.8x15.7x0.6x
Tue, 26 Sep 2023CA$152.1bCA$266.0bCA$9.6b16.8x15.8x0.6x
Thu, 24 Aug 2023CA$152.1bCA$270.5bCA$9.6b16.2x15.9x0.6x
Sat, 22 Jul 2023CA$155.3bCA$265.8bCA$9.4b16.7x16.5x0.6x
Mon, 19 Jun 2023CA$149.7bCA$266.3bCA$9.2b16.9x16.4x0.6x
Wed, 17 May 2023CA$156.8bCA$268.2bCA$9.3b15.7x16.9x0.6x
Fri, 14 Apr 2023CA$161.6bCA$265.4bCA$9.1b16.2x17.7x0.6x
Price to Earnings Ratio

17.7x


Total Market Cap: CA$161.6bTotal Earnings: CA$9.1bTotal Revenue: CA$265.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food and Staples Retail Industry Price to Earnings3Y Average 20.4x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Consumer Retailing industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.5x which is higher than its 3-year average PE of 20.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
  • The earnings for companies in the Consumer Retailing industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Canadian Consumer Staples industry?

CA Market3.67%
Consumer Staples1.79%
Food and Staples Retail1.77%
Food Distributors10.08%
Food Retail1.77%
Big Box Super Stores-1.25%
Drug Retail-2.24%
Industry PE
  • Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 20.4x.
    • Analysts are expecting annual earnings growth of 5.0%, which is higher than its past year's earnings growth of 3.6% per year.
  • Investors are most pessimistic about the Food Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.6x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 5.0% over the next 5 years.
  • This is better than its past earnings growth rate of 3.6% per year.
  • In contrast, the Drug Retail industry is expected to see its earnings decline by 51% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ATD Alimentation Couche-TardCA$79.362.4%
+CA$1.7b		15.5%PE19.3x
L Loblaw CompaniesCA$64.761.7%
+CA$1.2b		30.5%PE29.8x
WN George WestonCA$99.751.1%
+CA$412.5m		25.0%PE39.2x
MRU MetroCA$96.881.7%
+CA$334.6m		-0.08%PE20.9x
EMP.A EmpireCA$50.400.8%
+CA$95.2m		9.3%PE71.8x

Latest News

CRRX
CA$3.60
CareRx
7D
-3.4%
1Y
35.7%

CRRX: Share Repurchase And Margin Outlook Will Support Long Term Upside

Analysts have modestly revised their CareRx price target to CA$4.50, reflecting updated assumptions for discount rate, revenue growth, profit margins and future P/E, which keep the fair value estimate steady at CA$4.50. What's in the News CareRx completed a share repurchase of 246,069 shares, representing 0.39% of its shares, for a total of CA$0.49 million under the buyback announced on September 15, 2025 (Key Developments).
SUGR
CA$12.99
Sucro
7D
10.1%
1Y
8.3%
ATD
CA$79.36
Alimentation Couche-Tard
7D
2.4%
1Y
15.5%

ATD: Mixed Coverage And Margin Assumptions Will Support Higher Fair Value

Analyst models for Alimentation Couche-Tard now point to a modestly higher fair value of about CA$92 per share. The update reflects mixed price target changes across firms and a shift toward slightly lower revenue growth assumptions, higher profit margins, and a lower future P/E multiple in recent research.
MRU
CA$96.88
Metro
7D
1.7%
1Y
-0.08%

MRU: Trimmed Expectations Will Meet Steady Buybacks And Higher Dividend

Analyst price targets for Metro have been trimmed by CA$1 to CA$7 across several firms, with analysts citing updated assumptions that leave fair value and key model inputs effectively unchanged. Analyst Commentary Recent research updates show a cluster of lower price targets for Metro, with cuts ranging from CA$1 to CA$7.
L
CA$64.76
Loblaw Companies
7D
1.7%
1Y
30.5%

L: Higher Margins And Capital Returns Will Support Stronger Future Pricing Power

The analyst fair value estimate for Loblaw Companies has been raised from CA$68.00 to CA$75.00. This change reflects a series of higher Street price targets in the CA$68.00 to CA$75.00 range as analysts update their views on margins, discount rate and future P/E assumptions.
EMP.A
CA$50.40
Empire
7D
0.8%
1Y
9.3%

There May Be Some Bright Spots In Empire's (TSE:EMP.A) Earnings

Mar 24
There May Be Some Bright Spots In Empire's (TSE:EMP.A) Earnings
YAY
CA$0.12
THS Maple Holdings
7D
33.3%
1Y
4.3%
WN
CA$99.75
George Weston
7D
1.1%
1Y
25.0%
NWC
CA$54.07
North West
7D
-0.4%
1Y
7.5%
STIF
CA$0.40
Plaid Technologies
7D
-1.3%
1Y
n/a
RUM
CA$0.095
Rocky Mountain Liquor
7D
5.6%
1Y
0%

Rocky Mountain Liquor (CVE:RUM) May Have Issues Allocating Its Capital

Dec 04
Rocky Mountain Liquor (CVE:RUM) May Have Issues Allocating Its Capital