Metro Inc. is a large grocery and pharmacy chain operating primarily in Quebec, where 71% of its grocery stores are located. The remaining 29% are in Ontario. Similarly, 83% of its pharmacies are in Quebec, 12% in Ontario, and 4% in New Brunswick.
Wealth Builder
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Income Investor
Metro’s launch of its rewards plan, its use of data analytics to target promotions, plus investments in improving efficiency all point to a positive outlook. Its history of dividend increases is a sign of its financial strength. - Adam Mayers
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MRU was first recommended here on June 30, 2020