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Canadian (TSX) Food and Staples Retail Industry Analysis

UpdatedAug 21, 2026
DataAggregated Company Financials
Companies13
  • 7D-4.2%
  • 3M3.2%
  • 1Y7.2%
  • YTD3.5%

Over the last 7 days, the Food and Staples Retail industry has dropped 4.2%, driven by Alimentation Couche-Tard declining 7.1%. In the past year, the industry has gained 7.2%. Looking forward, earnings are forecast to grow by 5.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Aug 2026CA$221.6bCA$294.7bCA$9.2b19.6x24.2x0.8x
Sun, 19 Jul 2026CA$232.4bCA$295.0bCA$9.4b19.5x24.7x0.8x
Tue, 16 Jun 2026CA$225.6bCA$290.2bCA$8.8b20x25.7x0.8x
Thu, 14 May 2026CA$210.9bCA$288.0bCA$8.7b19.6x24.2x0.7x
Sat, 11 Apr 2026CA$218.5bCA$287.8bCA$8.6b24.6x25.4x0.8x
Mon, 09 Mar 2026CA$219.4bCA$284.6bCA$8.9b22.9x24.6x0.8x
Wed, 04 Feb 2026CA$212.3bCA$284.2bCA$9.3b22.9x22.9x0.7x
Fri, 02 Jan 2026CA$213.6bCA$284.6bCA$9.3b22.6x22.9x0.8x
Sun, 30 Nov 2025CA$217.1bCA$286.3bCA$9.4b23x23.1x0.8x
Tue, 28 Oct 2025CA$206.8bCA$283.9bCA$8.9b19.7x23.3x0.7x
Thu, 25 Sep 2025CA$200.6bCA$282.5bCA$9.1b19.6x22.1x0.7x
Sat, 23 Aug 2025CA$210.0bCA$282.4bCA$8.8b19.9x23.9x0.7x
Mon, 21 Jul 2025CA$209.9bCA$281.3bCA$8.7b21.6x24x0.7x
Wed, 18 Jun 2025CA$206.8bCA$283.4bCA$8.7b22.9x23.7x0.7x
Fri, 16 May 2025CA$198.4bCA$285.8bCA$8.8b20.6x22.5x0.7x
Sun, 13 Apr 2025CA$196.3bCA$283.9bCA$8.9b22.7x22.1x0.7x
Tue, 11 Mar 2025CA$192.4bCA$284.5bCA$9.1b22x21.1x0.7x
Thu, 06 Feb 2025CA$188.9bCA$284.2bCA$8.3b19.4x22.7x0.7x
Sat, 04 Jan 2025CA$195.1bCA$285.0bCA$8.3b20x23.4x0.7x
Mon, 02 Dec 2024CA$195.4bCA$281.7bCA$8.2b21.5x23.8x0.7x
Wed, 30 Oct 2024CA$183.5bCA$279.2bCA$8.8b18.8x20.9x0.7x
Fri, 27 Sep 2024CA$186.3bCA$276.0bCA$8.7b19.7x21.5x0.7x
Sun, 25 Aug 2024CA$187.0bCA$272.5bCA$8.8b18.4x21.2x0.7x
Tue, 23 Jul 2024CA$187.6bCA$273.6bCA$9.1b17.3x20.7x0.7x
Thu, 20 Jun 2024CA$172.2bCA$271.5bCA$9.4b15.8x18.3x0.6x
Sat, 18 May 2024CA$172.8bCA$270.1bCA$9.3b15.7x18.6x0.6x
Mon, 15 Apr 2024CA$167.0bCA$270.7bCA$9.6b15.7x17.4x0.6x
Wed, 13 Mar 2024CA$178.1bCA$270.1bCA$9.6b16.5x18.5x0.7x
Fri, 09 Feb 2024CA$168.5bCA$268.8bCA$9.5b16.3x17.7x0.6x
Sun, 07 Jan 2024CA$165.0bCA$267.8bCA$9.5b15.7x17.4x0.6x
Tue, 05 Dec 2023CA$160.6bCA$268.9bCA$9.6b16.1x16.8x0.6x
Thu, 02 Nov 2023CA$157.3bCA$269.4bCA$9.8b15.3x16x0.6x
Sat, 30 Sep 2023CA$154.0bCA$266.8bCA$9.7b16.4x16x0.6x
Mon, 28 Aug 2023CA$154.4bCA$271.0bCA$9.6b16.6x16.1x0.6x
Price to Earnings Ratio

16.1x


Total Market Cap: CA$154.4bTotal Earnings: CA$9.6bTotal Revenue: CA$271.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food and Staples Retail Industry Price to Earnings3Y Average 21.4x202420252026
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 24.2x which is higher than its 3-year average PE of 21.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
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 Market-1.11%
Consumer Staples-3.89%
Food and Staples Retail-4.16%
Big Box Super Stores4.55%
Drug Retail-0.96%
Food Retail-4.17%
Food Distributors-4.40%
Industry PE
  • Investors are most optimistic about the Drug Retail industry which is trading above its 3-year average PE ratio of 7.5x.
    • Analysts are expecting annual earnings decline of 68.6%, which is lower than the prior year's growth of 192.9% per year.
  • Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 5.9x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 5.4% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Drug Retail industry is expected to see its earnings decline by 69% 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
MRU MetroCA$89.710.2%
+CA$46.1m		-12.1%PE20.9x
PCRX PharmaCorp RxCA$0.502.0%
+CA$1.7m		3.1%PS3.6x
STIF Plaid TechnologiesCA$0.234.5%
+CA$676.6k		-17.1%n/a

Latest News

PCRX
CA$0.50
PharmaCorp Rx
7D
2.0%
1Y
3.1%
WN
CA$97.89
George Weston
7D
-2.7%
1Y
6.5%
EMP.A
CA$47.58
Empire
7D
-3.9%
1Y
-14.6%
CHLT
CA$6.70
Custom Health Holdings
7D
-5.1%
1Y
n/a
L
CA$60.97
Loblaw Companies
7D
-2.7%
1Y
3.7%
Narrative Update • Aug 18

L: Rich P/E And Margin Assumptions Will Likely Restrain Future Upside

Loblaw Companies enters this Narrative Update with analysts lifting the consolidated price target to CA$73 from CA$70, supported by expectations for a higher profit margin profile, a slightly adjusted discount rate and revenue growth outlook, and a lower assumed future P/E multiple. Analyst Commentary Recent research on Loblaw Companies points to a generally constructive view, with price targets in the mid C$60s to low C$70s and ratings that range from Sector Perform to Outperform.
MRU
CA$89.71
Metro
7D
0.2%
1Y
-12.1%
SUGR
CA$9.57
Sucro
7D
-4.4%
1Y
-27.8%
STIF
CA$0.23
Plaid Technologies
7D
4.5%
1Y
-17.1%
CRRX
CA$3.19
CareRx
7D
-2.4%
1Y
10.0%
ATD
CA$86.05
Alimentation Couche-Tard
7D
-7.1%
1Y
22.4%
New Narrative • Aug 02

Can they absorb Zabka Group?

Couche-Tard sits inside the top tenth of the TGI watchlist on the primary rank and higher still on dividend growth, with a payout ratio near ten percent. It arrived there in the same three months it agreed to acquire Poland's Żabka Group for approximately US$8.6 billion, the largest acquisition in its history, funded entirely with debt, and the first network it has promised not to absorb.
NWC
CA$48.54
North West
7D
-2.2%
1Y
-5.7%