- Adjusted EPS: Metro Inc. reported an adjusted EPS of C$1.35, which matches the previous year’s performance and beats the estimate of C$1.34.
- Reported EPS: The company posted an EPS of C$1.31, a decline from C$1.49 year-over-year.
- Sales Growth: Sales increased by 3.5% year-over-year to C$6.65 billion, surpassing the estimate of C$6.59 billion.
- Food Comparable Sales: Comparable sales in the food segment grew by 2.4%, down from 9.4% the previous year, but better than the estimated growth of 1.09%.
- Management’s Comment: The company highlighted strong comparable sales growth in the third quarter, attributing it to effective merchandising and good execution in both food and pharmacy banners.
- Analyst Ratings: The company has 2 buy ratings, 7 hold ratings, and 1 sell rating from analysts.
A look at Metro Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Metro Inc shows a promising long-term outlook. With a high Momentum score of 4, the company demonstrates strong positive market momentum. Coupled with a Value score of 3, indicating a favorable valuation, Metro Inc seems positioned well for potential growth. Its Growth score of 3 reflects the company’s potential for future expansion and development. However, Metro Inc‘s scores in Dividend and Resilience are slightly lower at 2, suggesting room for improvement in these areas. Overall, Metro Inc‘s outlook appears positive, particularly in terms of market momentum and valuation.
Metro Inc operates as a distributor of food and pharmaceutical products, running a network of food and drug stores primarily in Quebec and Ontario. The company’s diverse operations in the retail sector position it as a significant player in Canada’s food and pharmaceutical distribution industry. With its balanced scores across various factors, Metro Inc showcases potential for long-term growth and sustainability in the competitive market landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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