Metro Inc - Company Profile
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Metro Inc (Metro) is a manufacturer, retailer and distributor of food and pharmaceutical products. Its product portfolio includes grocery, meat, fruits and vegetables, dairy products, frozen foods, bakery products, prepared meals health and beauty and pharmaceutical products. The company operates a chain of food stores in the supermarket, discount stores, neighborhood stores and specialized stores. It also supplies its products to independent neighborhood grocery stores, franchisors, and distributors for various pharmacies. Metro operates under several banners, including Metro, Metro Plus, Super C, Food Basic, Marche Richelieu, Marche AMI, Adonis, Jean Coutu, and Premiere Moisson banners drugstores under Brunet Plus, Brunet Clinique, Brunet, Metro Pharmacy and Clini Plus banners. Its pharmacies also provide medical profiles, health reminders, medication and syringe disposal, blood pressure monitoring and drive-through services to its customers. The company operates in primarily in Quebec and Ontario, Canada. Metro is headquartered in Montreal, Quebec, Canada.
Headquarters
Canada
Address
11011 Maurice-Duplessis Boulevard, Montreal, Quebec, H1C1V6
Website
www.metro.ca/en
Telephone
1 514 6431000
No of Employees
97,000
Industry
Retailing
Ticker Symbol & Exchange
MRU (TSE)
Revenue (2022)
$15.9B
9.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
19.9%
(2022 vs 2021)
Market Cap*
$11.6B
Net Profit Margin (2022)
XYZ
9.4%
(2022 vs 2021)
* As of and is in US$
Metro Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Food | Food Services |
| Organic Products | Distribution |
| Gluten-Free Products | Supply |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Product Approvals | In April, the company to launch Moi Rewards in Ontario, Canada, to save grocery purchases by accumulating and redeeming points in-store and online stores. |
| 2024 | Corporate Changes/Expansions | In February, the company opened a Super C store in Quebec, Canada. |
| 2024 | Contracts/Agreements | In January, the company along with Sobeys and Walmart Canada entered into a partnership with Circular Innovation Council to address the issue of single-use plastic waste in Canada. |
Competitor Comparison
| Key Parameters | Metro Inc | Loblaw Companies Ltd | Empire Co Ltd | Wal-Mart Canada Corp | The Jim Pattison Group |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Montreal | Brampton | Stellarton | Mississauga | Vancouver |
| State/Province | Quebec | Ontario | Nova Scotia | Ontario | British Columbia |
| No. of Employees | 97,000 | 220,000 | 67,000 | 10,000 | 49,000 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Pierre Boivin | Chairman | Executive Board | 2020 | 70 |
| Eric R. La Fleche | President; Director; Chief Executive Officer | Executive Board | 2008 | 61 |
| Francois Thibault | Chief Financial Officer; Executive Vice President; Treasurer | Senior Management | 2012 | - |
| Frederic Legault | Vice President; Chief Information Officer | Senior Management | - | - |
| Alain Tadros | Vice President; Chief Marketing Officer and Digital Strategy | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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