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U.S. Food and Staples Retail Industry Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies63
  • 7D2.7%
  • 3M17.0%
  • 1Y22.4%
  • YTD10.4%

Walmart is up 3.0%, leading the way for the Food and Staples Retail industry, which has gained 2.7%. In the last 12 months, the industry was up 22%. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the U.S. Food and Staples Retail Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Feb 2024US$1.1tUS$1.7tUS$35.5b20.9x31.7x0.6x
Sat, 27 Jan 2024US$1.0tUS$1.7tUS$35.7b20.1x29x0.6x
Mon, 25 Dec 2023US$1.0tUS$1.7tUS$31.9b20.5x31.9x0.6x
Wed, 22 Nov 2023US$948.5bUS$1.7tUS$30.2b19.3x31.4x0.5x
Fri, 20 Oct 2023US$943.7bUS$1.7tUS$30.9b19.4x30.5x0.6x
Sun, 17 Sep 2023US$958.7bUS$1.7tUS$30.5b20.3x31.5x0.6x
Tue, 15 Aug 2023US$975.1bUS$1.7tUS$28.2b20.6x34.6x0.6x
Thu, 13 Jul 2023US$957.3bUS$1.7tUS$28.0b20.3x34.2x0.6x
Sat, 10 Jun 2023US$927.4bUS$1.7tUS$27.8b18.2x33.3x0.5x
Mon, 08 May 2023US$957.3bUS$1.7tUS$28.5b20.9x33.6x0.6x
Wed, 05 Apr 2023US$948.9bUS$1.7tUS$28.5b20.4x33.3x0.6x
Fri, 03 Mar 2023US$763.1bUS$1.5tUS$22.1b20.2x34.6x0.5x
Sun, 29 Jan 2023US$780.9bUS$1.5tUS$19.3b19.3x40.4x0.5x
Tue, 27 Dec 2022US$765.2bUS$1.5tUS$26.8b19x28.5x0.5x
Thu, 24 Nov 2022US$832.2bUS$1.5tUS$26.8b20x31.1x0.6x
Sat, 22 Oct 2022US$747.4bUS$1.4tUS$30.4b19.3x24.6x0.5x
Mon, 19 Sep 2022US$755.9bUS$1.4tUS$30.9b16.9x24.5x0.5x
Wed, 17 Aug 2022US$813.8bUS$1.4tUS$29.6b18.7x27.5x0.6x
Fri, 15 Jul 2022US$739.5bUS$1.4tUS$28.8b19x25.7x0.5x
Sun, 12 Jun 2022US$719.0bUS$1.4tUS$28.9b18.1x24.9x0.5x
Tue, 10 May 2022US$820.7bUS$1.4tUS$29.2b19.1x28.1x0.6x
Thu, 07 Apr 2022US$881.9bUS$1.4tUS$28.3b20.1x31.2x0.6x
Sat, 05 Mar 2022US$827.9bUS$1.4tUS$27.9b18.2x29.7x0.6x
Mon, 31 Jan 2022US$777.5bUS$1.4tUS$21.4b16.3x36.3x0.6x
Wed, 29 Dec 2021US$834.3bUS$1.4tUS$17.2b22x48.5x0.6x
Fri, 26 Nov 2021US$837.5bUS$1.4tUS$17.2b21.4x48.8x0.6x
Sun, 24 Oct 2021US$809.7bUS$1.3tUS$19.2b21.5x42.1x0.6x
Tue, 21 Sep 2021US$786.0bUS$1.3tUS$19.4b20.4x40.5x0.6x
Thu, 19 Aug 2021US$799.3bUS$1.3tUS$19.8b20.6x40.4x0.6x
Thu, 03 Jun 2021US$740.1bUS$1.3tUS$22.6b16.8x32.8x0.6x
Sun, 07 Mar 2021US$670.4bUS$1.3tUS$20.7b14.6x32.4x0.5x
Price to Earnings Ratio

32.4x


Total Market Cap: US$670.4bTotal Earnings: US$20.7bTotal Revenue: US$1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Food and Staples Retail Industry Price to Earnings3Y Average 33.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Consumer Retailing industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 33.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Consumer Retailing industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Staples industry?

US Market1.78%
Consumer Staples0.77%
Food and Staples Retail2.74%
Food Retail3.03%
Big Box Super Stores2.93%
Food Distributors1.48%
Drug Retail-2.68%
Industry PE
  • Investors are most optimistic about the Drug Retail industry which is trading above its 3-year average PE ratio of 3.3x.
    • Analysts are expecting annual earnings growth of 24.6% and investors are willing to pay a premium for that growth.
  • 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 10.9x.
Forecasted Growth
  • Analysts are most optimistic on the Drug Retail industry, expecting annual earnings growth of 25% over the next 5 years.
  • In contrast, the Big Box Super Stores industry is expected to see its earnings grow by 9.6% 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
WMT WalmartUS$59.623.0%
+US$12.5b
27.6%PE31x
COST Costco WholesaleUS$747.963.4%
+US$11.1b
56.3%PE50.9x
TGT TargetUS$151.441.8%
+US$1.2b
-6.7%PE19.2x
SFM Sprouts Farmers MarketUS$61.8617.5%
+US$915.8m
100.8%PE24.2x
CART MaplebearUS$31.228.3%
+US$669.7m
n/aPS2.9x
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Latest News

SFM

US$61.86

Sprouts Farmers Market

7D

17.5%

1Y

100.8%

BJ

US$73.54

BJ's Wholesale Club Holdings

7D

6.4%

1Y

2.3%

SPTN

US$20.91

SpartanNash

7D

-1.9%

1Y

-23.2%

ANDE

US$54.63

Andersons

7D

-2.9%

1Y

18.7%

WBA

US$21.16

Walgreens Boots Alliance

7D

-2.7%

1Y

-39.9%

UNFI

US$15.62

United Natural Foods

7D

-2.0%

1Y

-62.5%

HFFG

US$3.80

HF Foods Group

7D

-8.4%

1Y

-2.1%

ACI

US$20.50

Albertsons Companies

7D

-3.5%

1Y

3.2%

IMKT.A

US$75.87

Ingles Markets

7D

-1.0%

1Y

-15.7%

DADA

US$2.14

Dada Nexus

7D

-3.2%

1Y

-77.6%