Both these acquisitions look promising

Each of these two firms has recently completed a big purchase. While we’re always wary of a company’s use of acquisitions to spur growth, we feel the new operations of the two companies will pay off. Moreover, Metro’s purchase of drugstore chain Jean Coutu should… Read More

Savvy acquisitions enhance Metro’s prospects

METRO INC. $41 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 227.1 million; Market cap: $9.3 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.8%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 250 drugstores, in Quebec and Ontario.
For the fiscal 2018 first quarter, ended December… Read More

Metro tests new ways to lower costs

METRO INC. $40 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 227.1 million; Market cap: $9.1 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.8%; TSINetwork Rating: Average; www.metro.ca) operates 590 grocery stores and 250 drugstores, in Quebec and Ontario.

Rising minimum wages will probably add… Read More