Metro Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Marc Giroux
- Full Time Employees
- 99,564
- Sector
- Retail trade
- Industry
- Food retail
- Address
- 11011 Maurice-Duplessis Boulevard Montréal QC Canada H1C 1V6
- IPO Date
- Nov 28, 1986
- Website
- metro.ca
- Similar Companies
- Business
- Metro Inc. (MRU.TO) operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors, primarily in Quebec and Ontario, Canada. The company retails fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, prepared meals, delicatessen items, and pastries through supermarket banners including Metro, Metro Plus, Adonis, Super C, Marché Richelieu, Marché Ami, Première Moisson, Les 5 Saisons, and Food Basics; discount stores such as Food Basics; and pharmacies under PJC Jean Coutu, PJC Santé, PJC Santé Beauté, Brunet, Brunet Plus, Brunet Clinique, Clini Plus, Metro Pharmacy, and Food Basics Pharmacy. It manufactures ready-to-eat meals, salads, dips, pastries, pies, breads, and cakes; generic drugs under the Pro Doc trademark; and private label food products under Irresistibles, Selection, Harvest Best, Lucky Koi, Life Smart, Adonis, Phoenicia, and Premiere Moisson brands, as well as private label drug products including beauty and cosmetic products, over-the-counter medications, and personal care items under the Personnelle brand; the company also provides online grocery shopping services and acts as a wholesaler and distributor to independent neighborhood grocery stores and registered pharmacists. Founded in 1947 and headquartered in Montreal, Quebec, Metro Inc. serves consumers through its network of corporate and franchise stores, focusing on public health support via neighborhood pharmacies and responsible supply chain practices. In recent developments, Metro Inc. completed a 3-for-1 stock split with first post-split trading on February 12, 2015, and renewed its normal course issuer bid in November 2025 to repurchase up to 10 million shares, representing about 4.7% of its outstanding stock, through November 2026. The company reported strong financial positioning at the end of its third quarter 2025 fiscal year, with an unused revolving credit facility of $594.6 million and ongoing supply chain modernization investments yielding efficiency gains to support retail network expansion. Metro continues to emphasize dividend payments representing 30% to 40% of prior-year net earnings before extraordinary items, declaring eligible dividends under Canada's Income Tax Act.
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