Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Food and Staples Retail Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies13
  • 7D-0.9%
  • 3M7.4%
  • 1Y29.9%
  • YTD7.2%

Over the last 7 days, the Food and Staples Retail industry has remained flat. The past year has been better, since the industry has gained 30% in that time. Looking forward, earnings are forecast to grow by 4.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026CA$233.4bCA$284.5bCA$9.3b25.2x25.1x0.8x
Mon, 19 Jan 2026CA$212.2bCA$286.0bCA$9.4b22.4x22.6x0.7x
Wed, 17 Dec 2025CA$211.7bCA$284.9bCA$9.3b22.7x22.7x0.7x
Fri, 14 Nov 2025CA$206.2bCA$285.0bCA$8.9b20.5x23.2x0.7x
Sun, 12 Oct 2025CA$202.9bCA$283.9bCA$9.0b19.5x22.7x0.7x
Tue, 09 Sep 2025CA$209.2bCA$280.9bCA$8.8b20.1x23.8x0.7x
Thu, 07 Aug 2025CA$208.9bCA$281.4bCA$8.8b23.2x23.9x0.7x
Sat, 05 Jul 2025CA$205.5bCA$281.5bCA$8.7b23.2x23.6x0.7x
Mon, 02 Jun 2025CA$211.5bCA$284.0bCA$8.7b23.6x24.2x0.7x
Wed, 30 Apr 2025CA$205.8bCA$283.7bCA$8.9b22.8x23.1x0.7x
Fri, 28 Mar 2025CA$190.4bCA$286.9bCA$9.0b22.2x21.2x0.7x
Sun, 23 Feb 2025CA$181.3bCA$283.9bCA$8.2b21.3x22.1x0.6x
Tue, 21 Jan 2025CA$188.8bCA$284.0bCA$8.3b19.8x22.8x0.7x
Thu, 19 Dec 2024CA$197.7bCA$284.9bCA$8.3b20.4x23.8x0.7x
Sat, 16 Nov 2024CA$193.5bCA$280.7bCA$9.0b19.9x21.5x0.7x
Mon, 14 Oct 2024CA$183.2bCA$278.1bCA$8.7b19.2x21x0.7x
Wed, 11 Sep 2024CA$187.9bCA$276.8bCA$8.8b19.9x21.5x0.7x
Fri, 09 Aug 2024CA$180.4bCA$273.9bCA$8.9b16.9x20.2x0.7x
Sun, 07 Jul 2024CA$179.6bCA$272.8bCA$9.0b16.4x19.9x0.7x
Tue, 04 Jun 2024CA$176.5bCA$270.3bCA$9.3b15.8x18.9x0.7x
Thu, 02 May 2024CA$169.7bCA$270.7bCA$9.5b16.1x17.8x0.6x
Sat, 30 Mar 2024CA$171.8bCA$269.0bCA$9.5b16.3x18x0.6x
Mon, 26 Feb 2024CA$180.3bCA$269.6bCA$9.6b16.4x18.8x0.7x
Wed, 24 Jan 2024CA$170.0bCA$268.6bCA$9.5b16x17.8x0.6x
Fri, 22 Dec 2023CA$158.8bCA$267.2bCA$9.5b15.6x16.7x0.6x
Sun, 19 Nov 2023CA$164.6bCA$268.9bCA$9.8b16.7x16.7x0.6x
Tue, 17 Oct 2023CA$157.0bCA$267.1bCA$9.7b17x16.2x0.6x
Thu, 14 Sep 2023CA$157.8bCA$266.6bCA$9.5b17.3x16.5x0.6x
Sat, 12 Aug 2023CA$154.6bCA$269.9bCA$9.6b15.4x16.2x0.6x
Mon, 10 Jul 2023CA$152.0bCA$266.2bCA$9.4b16x16.1x0.6x
Wed, 07 Jun 2023CA$153.6bCA$267.7bCA$9.2b16x16.6x0.6x
Fri, 05 May 2023CA$158.9bCA$267.9bCA$9.2b15.7x17.3x0.6x
Sun, 02 Apr 2023CA$161.1bCA$266.6bCA$9.2b15.9x17.6x0.6x
Tue, 28 Feb 2023CA$154.2bCA$263.7bCA$9.8b13.4x15.7x0.6x
Price to Earnings Ratio

15.7x


Total Market Cap: CA$154.2bTotal Earnings: CA$9.8bTotal Revenue: CA$263.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food and Staples Retail Industry Price to Earnings3Y Average 20.1x202420252026
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 25.1x which is higher than its 3-year average PE of 20.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.66x.
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 2.6% 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 Market1.43%
Consumer Staples-0.85%
Food and Staples Retail-0.87%
Food Distributors0%0
Big Box Super Stores0%0
Food Retail-0.87%
Drug Retail-1.68%
Industry PE
  • Investors are most optimistic about the Drug Retail industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 46.0%, which is higher than its past year's earnings decline of 10.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Drug Retail industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings decline of 10% per year.
  • In contrast, the Food Retail industry is expected to see its earnings grow by 4.4% 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
NWC North WestCA$55.301.0%
+CA$36.7m		19.9%PE24.9x

Latest News

ATD
CA$83.80
Alimentation Couche-Tard
7D
-0.07%
1Y
19.3%

ATD: Self Distribution Buildout And Buybacks Will Shape Future Earnings Profile

The analyst price target for Alimentation Couche-Tard has been raised by CA$5.56 to CA$88.99. Analysts attribute the change to refreshed fair value work, modestly higher profit margin assumptions, and higher future P/E expectations, as more firms lift their CA$ price targets on the stock.
MRU
CA$97.13
Metro
7D
-0.2%
1Y
4.7%

MRU: Buybacks And Dividend Policy Will Support Steady Future Returns

The updated analyst price target for Metro edges slightly lower to about CA$102.45 from CA$103, as analysts factor in modestly higher discount rates and refreshed assumptions following recent target revisions across major firms. Analyst Commentary Recent research shows a mix of optimism and caution around Metro, with several firms adjusting their price targets in both directions over time.
L
CA$67.26
Loblaw Companies
7D
-0.9%
1Y
53.0%

L: Execution Discipline And Capital Returns Will Steady Post Split Return Profile

Narrative Update The analyst price target for Loblaw Companies has edged higher by about C$3. Analysts point to updated fair value estimates, a slightly higher assumed discount rate, broadly unchanged revenue growth and profit margin assumptions, and a modestly higher future P/E multiple to support the move.
NWC
CA$55.30
North West
7D
1.0%
1Y
19.9%
CRRX
CA$3.84
CareRx
7D
-0.5%
1Y
40.7%

CRRX: Refined Earnings Assumptions Will Support Stronger Long Term Upside Potential

Analysts have slightly adjusted their price target on CareRx, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E that fine tune rather than overhaul their previous fair value view. Valuation Changes Fair Value: Unchanged at 4.5x, indicating no shift in the overall valuation anchor used in the model.
WN
CA$99.72
George Weston
7D
-2.6%
1Y
37.5%
WOLF
CA$1.35
Grey Wolf Animal Health
7D
-1.5%
1Y
21.6%
EMP.A
CA$47.99
Empire
7D
-1.9%
1Y
11.6%

Slowing Rates Of Return At Empire (TSE:EMP.A) Leave Little Room For Excitement

Jan 21
Slowing Rates Of Return At Empire (TSE:EMP.A) Leave Little Room For Excitement
PCRX
CA$0.42
PharmaCorp Rx
7D
-5.6%
1Y
-23.6%