| Title: | Summary: Metro Inc. |
| Price: | $175.00 |
| Publication Date: | May 06, 2008 |
| Report Type: | Summary |
| Abstract: | The ratings on Montreal-based Metro Inc. reflect the company's solid market position as the country's third-largest grocery retailer. They are further supported by Metro's resilient operating performance and the progress it has made integrating the former A&P Canada stores in Ontario that were acquired in 2005. These factors are partially offset by credit protection measures that are slightly weak for the ratings, limited geographic diversification compared with that of its peers, and a very competitive operating environment, especially in Ontario. Metro has annual sales of about C$10.6 billion, and a network of more than 550 grocery stores in Quebec and Ontario. The company focuses on its fresh food offering, with about 70% of stores under the full-service format and 30% |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Metro Inc. Publication date: ##-May-#### Primary Credit Analyst: Maude Tremblay, CFA, Toronto (#) ###-###-####; maude_tremblay@standardandpoors.com Secondary Credit Analyst: Lori Harris, Toronto... |
| Word Count: | 1170 |
| Ticker: | MRU/A@CN |
| Issuer: | Metro Inc. |
| GICS: | Food Retail (30101030) |
| Sector: | Global Issuers, Corporations, Consumer Products |
| Country: | Canada |
| Region: | Canada |
| Format: | 
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