Metcash Ltd
MTS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &.# | LOCK|R< | LOCK|pjh!kb! |
Metcash: Independent Grocers Hold Their Own In-Store, but Lose Out Online
Grocers supplied by Metcash are underperforming the two major chains, which are seeing much stronger growth online than in-store. Metcash's independents have limited exposure to this fast-growing channel. On the flip side, Metcash's sales are over-exposed to the shrinking legal tobacco market.
