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Canadian (TSX) Food and Staples Retail Industry Analysis

UpdatedJun 09, 2026
DataAggregated Company Financials
Companies13
  • 7D4.0%
  • 3M1.1%
  • 1Y10.9%
  • YTD4.8%

In the last week, the Food and Staples Retail industry is up 5.3%, with Alimentation Couche-Tard leading the way, up 4.6%. This takes the industry's 12 month performance to a gain of 12%. Looking forward, earnings are forecast to grow by 5.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 09 Jun 2026CA$224.6bCA$289.9bCA$8.8b19.7x25.6x0.8x
Thu, 07 May 2026CA$216.3bCA$286.9bCA$8.7b19.8x24.9x0.8x
Sat, 04 Apr 2026CA$220.1bCA$288.7bCA$8.6b25.3x25.5x0.8x
Mon, 02 Mar 2026CA$224.5bCA$284.2bCA$9.4b25.4x23.9x0.8x
Wed, 28 Jan 2026CA$214.0bCA$283.8bCA$9.3b22.2x23.1x0.8x
Fri, 26 Dec 2025CA$211.7bCA$284.3bCA$9.3b22.4x22.7x0.7x
Sun, 23 Nov 2025CA$215.6bCA$286.5bCA$9.4b21.2x23x0.8x
Tue, 21 Oct 2025CA$207.6bCA$284.2bCA$9.0b19.8x23.2x0.7x
Thu, 18 Sep 2025CA$198.9bCA$281.5bCA$9.0b19.5x22x0.7x
Sat, 16 Aug 2025CA$204.5bCA$282.1bCA$8.8b20x23.2x0.7x
Mon, 14 Jul 2025CA$204.0bCA$281.0bCA$8.7b20.8x23.3x0.7x
Wed, 11 Jun 2025CA$206.6bCA$283.6bCA$8.7b23.2x23.7x0.7x
Fri, 09 May 2025CA$209.6bCA$285.4bCA$8.8b21.2x23.8x0.7x
Sun, 06 Apr 2025CA$196.4bCA$286.3bCA$9.0b23x21.9x0.7x
Tue, 04 Mar 2025CA$189.9bCA$286.4bCA$9.0b21.9x21.1x0.7x
Thu, 30 Jan 2025CA$189.0bCA$285.0bCA$8.3b19.4x22.6x0.7x
Sat, 28 Dec 2024CA$197.5bCA$284.8bCA$8.3b20.5x23.7x0.7x
Mon, 25 Nov 2024CA$189.9bCA$280.1bCA$8.4b19.8x22.7x0.7x
Wed, 23 Oct 2024CA$183.3bCA$278.5bCA$8.8b18.9x20.9x0.7x
Fri, 20 Sep 2024CA$184.9bCA$276.6bCA$8.7b19.8x21.3x0.7x
Sun, 18 Aug 2024CA$191.5bCA$273.8bCA$8.9b19x21.6x0.7x
Tue, 16 Jul 2024CA$185.2bCA$273.1bCA$9.1b16.7x20.5x0.7x
Thu, 13 Jun 2024CA$175.1bCA$271.6bCA$9.4b16.4x18.6x0.6x
Sat, 11 May 2024CA$171.2bCA$270.7bCA$9.3b15.6x18.4x0.6x
Mon, 08 Apr 2024CA$168.5bCA$269.4bCA$9.6b15.9x17.6x0.6x
Wed, 06 Mar 2024CA$175.8bCA$270.8bCA$9.7b16x18.2x0.6x
Fri, 02 Feb 2024CA$170.4bCA$268.3bCA$9.5b16.2x17.9x0.6x
Sun, 31 Dec 2023CA$164.5bCA$267.0bCA$9.5b15.8x17.4x0.6x
Tue, 28 Nov 2023CA$164.9bCA$270.0bCA$9.6b16.2x17.2x0.6x
Thu, 26 Oct 2023CA$154.5bCA$268.3bCA$9.7b16x15.9x0.6x
Sat, 23 Sep 2023CA$153.0bCA$266.1bCA$9.6b16.8x15.9x0.6x
Mon, 21 Aug 2023CA$152.8bCA$270.6bCA$9.6b15.9x15.9x0.6x
Wed, 19 Jul 2023CA$154.2bCA$265.4bCA$9.4b16.5x16.4x0.6x
Fri, 16 Jun 2023CA$150.5bCA$266.4bCA$9.2b15.1x16.4x0.6x
Price to Earnings Ratio

16.4x


Total Market Cap: CA$150.5bTotal Earnings: CA$9.2bTotal Revenue: CA$266.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food and Staples Retail Industry Price to Earnings3Y Average 20.9x202420252026
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 25.6x which is higher than its 3-year average PE of 20.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
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 2.7% 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 Market-0.68%
Consumer Staples3.24%
Food and Staples Retail4.04%
Food Retail4.06%
Food Distributors1.47%
Drug Retail-1.84%
Big Box Super Stores-24.53%
Industry PE
  • Investors are most optimistic about the Drug Retail industry which is trading above its 3-year average PE ratio of 3.6x.
    • Analysts are expecting annual earnings decline of 54.6%, which is lower than the prior year's growth of 192.9% 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 5.2x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 5.8% 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 55% 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$81.614.6%
+CA$3.3b		13.7%PE19.8x
L Loblaw CompaniesCA$64.733.9%
+CA$2.8b		16.9%PE28.5x
WN George WestonCA$101.914.5%
+CA$1.7b		14.5%PE38.3x
MRU MetroCA$92.364.4%
+CA$812.6m		-10.9%PE19.7x
NWC North WestCA$52.893.1%
+CA$75.9m		-2.7%PE18x

Latest News

JIVA
CA$0.01
JIVA Technologies
7D
-33.3%
1Y
-90.0%
L
CA$64.73
Loblaw Companies
7D
3.9%
1Y
16.9%
WN
CA$101.91
George Weston
7D
4.5%
1Y
14.5%
MRU
CA$92.36
Metro
7D
4.4%
1Y
-10.9%
Narrative Update • Jun 07

MRU: Succession Plan And Buybacks Will Balance Labour And Execution Risks

Metro's analyst price targets have been trimmed by CA$2 to CA$7 across several firms, with analysts citing updated assumptions on discount rates and future P/E multiples as they revisit their valuation work on the stock. Analyst Commentary Recent Street research has focused on reworking discounted cash flow assumptions and target P/E multiples for Metro, which has led to the CA$2 to CA$7 trims in price targets across several firms.
NWC
CA$52.89
North West
7D
3.1%
1Y
-2.7%
CRRX
CA$3.24
CareRx
7D
1.9%
1Y
14.5%
Narrative Update • Jun 01

CRRX: Share Repurchases And Higher Future P/E Will Support Upside Potential

Narrative Update on CareRx The average analyst price target for CareRx has shifted from CA$5.38 to CA$5.14. Analysts point to updated fair value estimates, a slightly higher discount rate, more cautious revenue growth assumptions, lower projected profit margins, and a higher future P/E multiple as key drivers of the change.
ATD
CA$81.61
Alimentation Couche-Tard
7D
4.6%
1Y
13.7%
Narrative Update • Jun 01

ATD: Share Buybacks And Bullish Coverage Are Expected To Support Upside

Narrative Update Overview The analyst price target for Alimentation Couche-Tard has been nudged higher by CA$0.13, as analysts factor in recent bullish initiations alongside a mix of modest target raises and trims, while keeping assumptions around discount rate, revenue growth, profit margins, and future P/E multiples broadly in line with prior views. Analyst Commentary Recent research updates on Alimentation Couche-Tard show a mix of fresh bullish initiations and some cautious target trims, which is why the overall price target shift is relatively modest.
SUGR
CA$11.77
Sucro
7D
1.5%
1Y
-7.7%
Analysis Article • May 28

Sucro's (CVE:SUGR) Promising Earnings May Rest On Soft Foundations

Sucro Limited ( CVE:SUGR ) announced strong profits, but the stock was stagnant. We did some digging, and we found some...
WOLF
CA$1.73
Grey Wolf Animal Health
7D
1.2%
1Y
82.1%
TELY
CA$2.40
TelyRx Holdings
7D
-9.4%
1Y
n/a
PCRX
CA$0.50
PharmaCorp Rx
7D
-2.0%
1Y
1.0%
STIF
CA$0.40
Plaid Technologies
7D
-24.5%
1Y
n/a
FOOD
CA$0.21
Goodfood Market
7D
-4.5%
1Y
55.6%
EMP.A
CA$48.50
Empire
7D
-0.3%
1Y
-5.4%