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Canadian (TSX) Food Retail Industry Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies7
  • 7D0.1%
  • 3M1.5%
  • 1Y7.8%
  • YTDn/a

Over the last 7 days, the Food Retail industry has dropped 1.6%, driven by Loblaw Companies declining 3.2%. This takes the industry's 12 month performance to a gain of 8.7%. Looking forward, earnings are forecast to grow by 5.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Apr 2026CA$212.5bCA$285.4bCA$8.5b23.9x25x0.7x
Wed, 18 Mar 2026CA$226.3bCA$284.2bCA$8.3b27.1x27.1x0.8x
Fri, 13 Feb 2026CA$227.3bCA$281.9bCA$9.3b23.2x24.4x0.8x
Sun, 11 Jan 2026CA$212.8bCA$283.9bCA$9.4b19.9x22.6x0.7x
Tue, 09 Dec 2025CA$213.8bCA$283.3bCA$9.4b19.9x22.7x0.8x
Thu, 06 Nov 2025CA$198.0bCA$282.6bCA$9.0b19.2x22.1x0.7x
Sat, 04 Oct 2025CA$201.4bCA$280.8bCA$9.1b19.7x22.2x0.7x
Mon, 01 Sep 2025CA$202.6bCA$279.6bCA$8.8b19.8x23.1x0.7x
Wed, 30 Jul 2025CA$207.2bCA$279.7bCA$8.7b21.3x23.7x0.7x
Fri, 27 Jun 2025CA$205.1bCA$278.7bCA$8.7b20.9x23.6x0.7x
Sun, 25 May 2025CA$204.9bCA$280.9bCA$8.7b21.5x23.5x0.7x
Tue, 22 Apr 2025CA$201.4bCA$280.6bCA$8.9b21x22.7x0.7x
Thu, 20 Mar 2025CA$181.8bCA$283.9bCA$9.0b19.8x20.3x0.6x
Sat, 15 Feb 2025CA$185.7bCA$280.0bCA$8.3b19.9x22.5x0.7x
Mon, 13 Jan 2025CA$189.2bCA$281.7bCA$8.3b20.6x22.8x0.7x
Wed, 11 Dec 2024CA$200.5bCA$279.8bCA$8.2b21.7x24.4x0.7x
Fri, 08 Nov 2024CA$189.7bCA$275.7bCA$8.7b20.2x21.7x0.7x
Sun, 06 Oct 2024CA$182.3bCA$273.7bCA$8.7b19.6x21x0.7x
Tue, 03 Sep 2024CA$186.2bCA$269.4bCA$8.8b20.1x21.3x0.7x
Thu, 01 Aug 2024CA$190.8bCA$271.4bCA$8.9b18.7x21.4x0.7x
Sat, 29 Jun 2024CA$176.5bCA$270.1bCA$9.0b17.4x19.6x0.7x
Mon, 27 May 2024CA$177.4bCA$267.6bCA$9.3b17.1x19.1x0.7x
Wed, 24 Apr 2024CA$170.5bCA$266.8bCA$9.5b16.2x17.9x0.6x
Fri, 22 Mar 2024CA$175.3bCA$265.9bCA$9.5b16.4x18.5x0.7x
Sun, 18 Feb 2024CA$171.4bCA$265.1bCA$9.5b16.5x18x0.6x
Tue, 16 Jan 2024CA$165.0bCA$264.5bCA$9.5b16.1x17.4x0.6x
Thu, 14 Dec 2023CA$162.5bCA$264.8bCA$9.5b15.7x17.1x0.6x
Sat, 11 Nov 2023CA$164.7bCA$265.1bCA$9.8b15.3x16.9x0.6x
Mon, 09 Oct 2023CA$154.2bCA$264.1bCA$9.7b16.6x15.9x0.6x
Wed, 06 Sep 2023CA$155.8bCA$268.0bCA$9.7b16.7x16.1x0.6x
Fri, 04 Aug 2023CA$147.8bCA$265.3bCA$9.5b15.6x15.5x0.6x
Sun, 02 Jul 2023CA$155.8bCA$263.0bCA$9.3b17.3x16.8x0.6x
Tue, 30 May 2023CA$154.5bCA$265.9bCA$9.4b16.6x16.5x0.6x
Thu, 27 Apr 2023CA$160.7bCA$264.8bCA$9.3b16.5x17.2x0.6x
Price to Earnings Ratio

17.2x


Total Market Cap: CA$160.7bTotal Earnings: CA$9.3bTotal Revenue: CA$264.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Food Retail Industry Price to Earnings3Y Average 20.5x202420252026
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 25.0x 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 Food Retail industry have declined 3.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.5% 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, which has decreased profits.

Industry Comparison

How does Canadian Food Retail compare with similar industries?

CA Market1.29%
Consumer Staples-0.27%
Food and Staples Retail0.14%
Food Retail0.14%
Big Box Super Stores11.11%
Drug Retail-0.77%
Food Distributors-3.10%
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
ATD Alimentation Couche-TardCA$78.733.0%
+CA$2.1b		9.4%PE19.4x
JIVA JIVA TechnologiesCA$0.0233.3%
+CA$52.1k		-80.0%PE0.2x

Latest News

WN
CA$96.25
George Weston
7D
-0.4%
1Y
12.0%
NWC
CA$51.23
North West
7D
-5.3%
1Y
-5.7%
RUM
CA$0.09
Rocky Mountain Liquor
7D
-5.3%
1Y
-14.3%
ATD
CA$78.73
Alimentation Couche-Tard
7D
3.0%
1Y
9.4%

ATD: Share Buybacks And Mixed Coverage Will Support Higher Future Pricing Potential

The analyst price target for Alimentation Couche-Tard has been trimmed slightly by CA$0.30 to CA$91.66 as analysts factor in a modestly lower fair value and discount rate, while still reflecting mixed but generally supportive recent research, including a new bullish initiation and several target revisions across major firms. Analyst Commentary Recent research on Alimentation Couche-Tard shows a mix of bullish initiations, target increases, and some trims, which together feed into the slightly lower average price target while still signaling interest in the company’s execution and growth potential.
EMP.A
CA$47.34
Empire
7D
-0.6%
1Y
-4.4%
MRU
CA$91.43
Metro
7D
-1.4%
1Y
-11.9%

MRU: Modest Repricing Will Meet Steady Buybacks And Higher Dividend

Metro's analyst price target has moved slightly, with a modest adjustment of a few Canadian dollars as analysts factor in updated fair value estimates, a lower discount rate, and essentially unchanged revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent Street research shows a cluster of small target cuts in the C$1 to C$7 range, which points to analysts fine tuning their models rather than making wholesale changes to their view on Metro.
L
CA$61.19
Loblaw Companies
7D
-1.6%
1Y
13.6%

L: Higher Margin Hopes And Execution Risks Will Likely Cap Future Upside

Analysts have lifted the fair value estimate for Loblaw Companies to CA$51.63 from CA$47.80. This reflects a series of recent price target increases to as high as CA$75 as they factor in updated margin expectations and valuation multiples.
JIVA
CA$0.02
JIVA Technologies
7D
33.3%
1Y
-80.0%