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

Canadian (TSX) Food Retail Industry Analysis

UpdatedJun 19, 2026
DataAggregated Company Financials
Companies7
  • 7D-2.1%
  • 3M5.6%
  • 1Y11.6%
  • YTDn/a

Over the last 7 days, the Food Retail industry has dropped 2.1%, driven by Loblaw Companies declining 2.9%. In the past year, the industry has gained 12%. Looking forward, earnings are forecast to grow by 5.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Jun 2026CA$223.4bCA$289.8bCA$8.8b19.7x25.5x0.8x
Sun, 17 May 2026CA$210.2bCA$287.0bCA$8.7b20x24.3x0.7x
Tue, 14 Apr 2026CA$215.9bCA$286.1bCA$8.5b24.3x25.3x0.8x
Thu, 12 Mar 2026CA$221.5bCA$283.2bCA$8.8b22.8x25x0.8x
Sat, 07 Feb 2026CA$223.0bCA$282.2bCA$9.3b20.6x23.9x0.8x
Mon, 05 Jan 2026CA$213.7bCA$282.6bCA$9.4b20.2x22.8x0.8x
Wed, 03 Dec 2025CA$213.9bCA$284.2bCA$9.5b20x22.6x0.8x
Fri, 31 Oct 2025CA$195.1bCA$281.8bCA$8.9b19x21.8x0.7x
Sun, 28 Sep 2025CA$197.4bCA$280.6bCA$9.1b19.3x21.8x0.7x
Tue, 26 Aug 2025CA$204.1bCA$280.6bCA$8.8b19.9x23.2x0.7x
Thu, 24 Jul 2025CA$209.0bCA$278.4bCA$8.7b21.7x24x0.8x
Sat, 21 Jun 2025CA$205.9bCA$281.3bCA$8.8b20.7x23.5x0.7x
Mon, 19 May 2025CA$202.2bCA$282.8bCA$8.8b21.1x23x0.7x
Wed, 16 Apr 2025CA$198.1bCA$281.3bCA$8.9b20.9x22.3x0.7x
Fri, 14 Mar 2025CA$185.4bCA$281.6bCA$9.1b19x20.3x0.7x
Sun, 09 Feb 2025CA$186.0bCA$280.8bCA$8.3b20.2x22.5x0.7x
Tue, 07 Jan 2025CA$195.0bCA$281.0bCA$8.3b20.6x23.6x0.7x
Thu, 05 Dec 2024CA$198.3bCA$279.0bCA$8.2b21.9x24.2x0.7x
Sat, 02 Nov 2024CA$181.6bCA$276.4bCA$8.8b19.5x20.7x0.7x
Mon, 30 Sep 2024CA$186.1bCA$273.3bCA$8.7b20x21.5x0.7x
Wed, 28 Aug 2024CA$186.9bCA$269.1bCA$8.7b20.2x21.4x0.7x
Fri, 26 Jul 2024CA$188.3bCA$271.1bCA$9.0b18.7x20.8x0.7x
Sun, 23 Jun 2024CA$173.6bCA$268.3bCA$9.3b17x18.6x0.6x
Tue, 21 May 2024CA$172.5bCA$267.2bCA$9.3b17.2x18.6x0.6x
Thu, 18 Apr 2024CA$167.2bCA$267.6bCA$9.5b15.9x17.5x0.6x
Sat, 16 Mar 2024CA$176.6bCA$266.7bCA$9.6b16.4x18.3x0.7x
Mon, 12 Feb 2024CA$168.6bCA$264.9bCA$9.5b16.2x17.7x0.6x
Wed, 10 Jan 2024CA$164.6bCA$264.2bCA$9.5b15.7x17.3x0.6x
Fri, 08 Dec 2023CA$162.2bCA$265.5bCA$9.6b15.5x17x0.6x
Sun, 05 Nov 2023CA$161.9bCA$264.2bCA$9.7b15.3x16.7x0.6x
Tue, 03 Oct 2023CA$150.6bCA$264.2bCA$9.7b16.2x15.5x0.6x
Thu, 31 Aug 2023CA$154.6bCA$267.2bCA$9.7b16.6x16x0.6x
Sat, 29 Jul 2023CA$150.8bCA$263.6bCA$9.6b15.9x15.6x0.6x
Mon, 26 Jun 2023CA$148.0bCA$262.6bCA$9.2b16.7x16x0.6x
Price to Earnings Ratio

16x


Total Market Cap: CA$148.0bTotal Earnings: CA$9.2bTotal Revenue: CA$262.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Retail Industry Price to Earnings3Y Average 20.9x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Food Retail 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 20.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Food Retail industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 3.3% 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 Comparison

How does Canadian Food Retail compare with similar industries?

CA Market0.74%
Consumer Staples-1.85%
Food and Staples Retail-2.08%
Food Retail-2.10%
Drug Retail6.82%
Food Distributors5.00%
Big Box Super Stores-27.08%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
EMP.A EmpireCA$51.252.5%
+CA$286.0m		-6.2%PE72.6x
NWC North WestCA$49.172.9%
+CA$65.0m		-0.4%PE16.6x

Latest News

EMP.A
CA$51.25
Empire
7D
2.5%
1Y
-6.2%
Analysis Article • 14h

Empire (TSX:EMP.A) Stock Could Be 10.4% Below Fair Value After Q4 EPS Jump

Empire (TSX:EMP.A) is back in focus after reporting a 27% jump in adjusted Q4 EPS and approving a 10.2% increase in its annual dividend, along with plans for increased store expansion and capital spending. See our latest analysis for Empire. Empire's recent Q4 results and dividend increase have coincided with stronger trading interest, with a 1-day share price return of 3.89% and a 30-day share price return of 9.00%. Over a longer horizon, the 1-year total shareholder return declined 4.53%,...
ATD
CA$82.44
Alimentation Couche-Tard
7D
-2.3%
1Y
16.3%
Narrative Update • Jun 16

ATD: Fairly Valued Shares Seen Balancing Execution Risks And Growth Runway

The analyst fair value estimate for Alimentation Couche-Tard has shifted to CA$93.40 from CA$91.99, reflecting updated Street price targets and supportive commentary from analysts who cite company specific drivers in recent research. Analyst Commentary Recent research on Alimentation Couche-Tard points to a generally constructive stance from the Street, with several firms adjusting their price targets and initiating coverage with a positive view on the stock.
NWC
CA$49.17
North West
7D
2.9%
1Y
-0.4%
L
CA$64.76
Loblaw Companies
7D
-2.9%
1Y
16.4%
Narrative Update • Jun 11

L: Capital Returns And Execution Discipline Will Support Steady Forward Return Profile

Analysts have trimmed their fair value estimate for Loblaw Companies, with the implied price target easing by about CA$1 to align with Scotiabank's recent CA$6 reduction and slightly more cautious assumptions on discount rate, revenue growth, and future P/E. What's in the News The board declared a quarterly dividend of CA$0.155183 per common share, payable on July 1, 2026 to shareholders of record on June 15, 2026.
JIVA
CA$0.01
JIVA Technologies
7D
-33.3%
1Y
-88.9%
WN
CA$103.34
George Weston
7D
-1.6%
1Y
15.6%
MRU
CA$91.71
Metro
7D
-2.6%
1Y
-11.9%
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.
FOOD
CA$0.19
Goodfood Market
7D
-5.0%
1Y
31.0%