Latest News for Colruyt Group Stock (OTC:CUYTY)

Etablissementen Franz

Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

News

Movers & Shakers

Intraday Update

Markets

Movers

Trading Ideas

General

AAWW

ACER

ACRS

ADAP

ADRO

AHKSF

AKBA

AMCR

AMRX

ARCH

ASTC

ATHOF

ATRO

AVGR

AVNS

AWCMY

AWLCF

BCRX

BFIN

BIREF

BKQNY

BKRIF

BKRIY

BLCM

BRAC

BUDZ

CCXI

CDEV

CEIX

CHFS

CLAR

CMCLF

COHU

CPYYF

CRCM

CREAF

CTXS

CUYTY

Changyou Limited American Depositary Share

CYOU

DFIHY

DNAX

DNJR

DSFGY

EBCOF

ENDP

ENLC

ENTX

ERMAY

ESTE

ETRN

EVGN

EVLO

EXTN

EYEG

FOLGF

FRED

FRGI

GALXF

GLKIF

GPOR

GPRE

GSKY

HEPA

IGGGF

IMTL

INGVF

INND

IPSEY

ISUZY

JARLF

Stocks That Broke Yearly Lows Tuesday Morning

ABBV

ABEO

ACGBF

ACGBY

ACOR

ACRGF

ADBCF

ADPT

AGDXF

AGIO

AHKSY

AKCA

ALDR

ALFVF

ALFVY

ALNA

ALTM

ALTPF

ALXEF

AMGDF

ANAB

ANDE

APAFF

APEN

APNHF

APNHY

AQST

AREVF

ARGGY

ASGLY

ASMB

ASNA

ASRT

ATRA

AVLIF

AWRE

AXAS

AXION VENTURES INC by Axion Ventures Inc.

AXNVF

BACHF

BACHY

BAFYY

BASFY

BBBY

BBVA

BBVXF

BCDA

BCEL

BEDU

BELFA

BICEY

BIDU

BJCHF

BLMN

BNFT

BNKHF

BORR

BOXS

BRKMY

BRVRF

BSET

BrightSphere Investment Group plc Ordinary Shares

BSIG

BVTEF

BXEFF

BZLFY

CADE

CALX

CAMP

CANL

New 52-Week Lows For Monday Morning

COLRUYT GRP N.V UNSP/ADR by COLRUYT GROUP N.V.

Colruyt Group NV

Colruyt: Update Warranted, And The Rating Is 'Hold' (Rating Downgrade)

Etn. Fr. Colruyt NV goes ex-dividend tomorrow

Colruyt Group N.V. goes ex dividend tomorrow

Colruyt: Most Missed Out On The Dip (Including Me) (Rating Upgrade)

The grocery industry is expected to grow significantly due to strong consumer spending and rapid technological advancement. Therefore, fundamentally strong grocery stocks Jerónimo Martins, SGPS (JRONY), Ingles Markets (IMKTA) and Colruyt Group (CUYTY) might be solid buys for gains now. Read on... The grocery industry is expected to grow as a result of increased consumer spending, urbanization, technological advancements, and a growing emphasis on health and wellness.
Given the industry's growth prospects, investors could consider buying fundamentally sound grocery stocks Jerónimo Martins, SGPS, S.A. (<a href="https://stocknews.com/stock/JRONY/">JRONY</a>), Ingles Markets, Incorporated (<a href="https://stocknews.com/stock/IMKTA/">IMKTA</a>) and Colruyt Group N.V. (<a href="https://stocknews.com/stock/CUYTY/">CUYTY</a>) for solid returns.
Before delving deeper into their fundamentals, let's discuss what's happening in the grocery industry.
Retail sales in the US rose <a href="https://tradingeconomics.com/united-states/retail-sales">0.3% month-over-month in November 2023</a>, following an upwardly revised 0.2% increase in October. This increase in retail sales suggests consumer spending remained strong over the holiday season.
The global grocery retail industry is expected to increase significantly, reaching $14.77 trillion by 2030. The market is expanding at a <a href="https://www.datamintelligence.com/research-report/grocery-retail-market">CAGR of 6.9%</a>. Population growth, urbanization, evolving consumer preferences, e-commerce, and technological advancements in the industry all contribute to the market's growth.
Despite labor shortages, shrinkage, theft, and data piracy, <a href="https://www.grocerydoppio.com/articles/future-proofing-grocery-deep-dive-into-ai-strategy-adopted-by-grocers">AI continues to dominate the supermarket industry</a>. According to a poll of supermarket executives, 13% are eager to invest in AI solutions, with the most common use cases being inventory management, supply chain operations, and pricing and promotions.
As omnichannel shopping becomes more popular, merchants must speed AI implementation to improve the digital experience and retain customer loyalty.
In light of such encouraging trends and prospects, let us dive deeper into the fundamentals of the featured <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> stocks, beginning with number three:
Stock #3: Jerónimo Martins, SGPS, S.A. (<a href="https://stocknews.com/stock/JRONY/">JRONY</a>)
Headquartered in Lisbon, Portugal, JRONY operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail, Portugal Cash &amp; Carry, Poland Retail, Colombia Retail, and Others, Eliminations and Adjustments segments.
JRONY's trailing-12-month <a href="https://www.investopedia.com/terms/r/roce.asp">ROCE</a> of 31.13% is 175.5% higher than the industry average of 11.30%. Its trailing-12-month asset turnover ratio of 2.52x is 202.3% higher than the industry average of 0.84x.
For the third quarter, which ended September 30, 2023, JRONY's net sales and services revenue rose 22% year-over-year to €7.94 billion ($8.59 billion). Its EBITDA increased 18.1% over the prior-year quarter to €586 million ($633.88 million). Its net profit attributable to JRONY rose 28.2% year-over-year to €202 million ($218.50 million).
Analysts expect JRONY's revenue to increase 9.7% year-over-year to $36.79 billion for the year ending December 2024. Its EPS is expected to grow 19.5% year-over-year to $3.19 for the same period. It surpassed EPS estimates in three of four trailing quarters. The stock has gained 12.8% over the past three months to close the last trading session at $48.62.
JRONY's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
JRONY also has a B grade for Growth, Stability and Quality. It is ranked #10 out of 38 stocks in the A-rated <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> industry. <a href="https://stocknews.com/stock/JRONY/">Click here</a> for the additional POWR Ratings for Value, Momentum and Sentiment for JRONY.
Stock #2: Ingles Markets, Incorporated (<a href="https://stocknews.com/stock/IMKTA/">IMKTA</a>)
IMKTA operates a chain of supermarkets that offers food products, including grocery, meat, and dairy products, produce, frozen foods, and other perishables, and non-food products, including fuel centers, pharmacies, health and beauty care products, general merchandise, and private label items.
IMKTA's trailing-12-month asset turnover ratio of 2.47x is 195.9% higher than the industry average of 0.84x. Its trailing-12-month ROTA of 8.52% is 84.5% higher than the industry average of 4.62%.
In the fiscal fourth quarter that ended September 30, 2023, IMKTA's net sales stood at $1.58 billion, up 9.2% year-over-year. Its gross profit rose 1.4% from the previous-year quarter to $369.72 million. The company's net income stood at $52.64 million and $2.77 per class A common share.
Shares of IMKTA has gained 10% over the past three months to close the last trading session at $86.52.
IMKTA's positive outlook is reflected in its POWR Ratings. The stock has an overall rating of A, translating to a Strong Buy in our proprietary rating system.
IMKTA has an A grade for Value and a B for Stability and Quality. It ranks #9 in the same industry. <a href="https://stocknews.com/stock/IMKTA/">Click here</a> to access additional IMKTA ratings (Growth, Sentiment and Momentum).
Stock #1: Colruyt Group N.V. (<a href="https://stocknews.com/stock/CUYTY/">CUYTY</a>)
Headquartered in Halle, Belgium, CUYTY together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, Luxembourg, and internationally. It operates through three segments: Retail; Wholesale and Foodservice; and Other Activities.
CUYTY's trailing-12-month asset turnover ratio of 1.68x is 101.3% higher than the industry average of 0.84x. Its trailing-12-month ROTA of 15.08% is 226.5% higher than the industry average of 4.62%.
For the six months ended September 30, 2023, CUYTY's revenue came in at €5.48 billion ($6 billion), up 16% year-over-year. The company's adjusted EBITDA increased 54.5% over the prior-year quarter to €450 million ($492.51 million). In addition, its net result increased 908.9% year-over-year to €897 million ($981.74 million). Also, its EPS came in at €7.07, representing an increase of 923.5% year-over-year.
Street expects CUYTY's revenue to increase marginally year-over-year to $11.83 billion for the fiscal year ending March 2024. Shares of CUYTY has gained 100.4% over the past year to close the last trading session at $11.40.
CUYTY has an overall A rating, equating to a Strong Buy in our POWR Ratings system. It has an A grade for Growth and Stability and a B for Value and Quality. It is ranked #6 stocks in the same industry.
Beyond what is stated above, we've also rated CUYTY for Sentiment and Momentum. Get all CUYTY ratings <a href="https://stocknews.com/stock/CUYTY/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
JRONY shares were trading at $45.74 per share on Friday afternoon, down $2.88 (-5.92%). Year-to-date, JRONY has declined -9.85%, versus a 0.05% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/jrony-cuyty-imkta-3-grocery-stocks-to-buy-for-smart-weekly-gains/>3 Grocery Stocks to Buy for Smart Weekly Gains</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Grocery Stocks to Buy for Smart Weekly Gains

The grocery retail industry is resilient in the face of macroeconomic uncertainty because of the inelastic demand for its products. Therefore, fundamentally strong grocery stocks Colruyt Group (CUYTY), Marks and Spencer Group (MAKSY) and Natural Grocers by Vitamin Cottage (NGVC) might be ideal additions to your portfolio. Read on... The grocery industry is expected to grow as a result of increased consumer spending, urbanization, technological advancements, and a growing emphasis on health and wellness.
Given the industry's growth prospects, fundamentally strong grocery stocks Colruyt Group N.V. (<a href="https://stocknews.com/stock/CUYTY/">CUYTY</a>), Marks and Spencer Group plc (<a href="https://stocknews.com/stock/MAKSY/">MAKSY</a>) and Natural Grocers by Vitamin Cottage, Inc. (<a href="https://stocknews.com/stock/NGVC/">NGVC</a>) might be worth buying.
Before delving deeper into their fundamentals, let's discuss what's happening in the grocery industry.
Retail sales in the US <a href="https://tradingeconomics.com/united-states/retail-sales">rose 0.6% month-over-month in December 2023</a>, following an upwardly revised 0.3% increase in November. This increase in retail sales shows a strong trend in consumer spending, which could support overall economic growth.
According to eMarketer's November 2023 forecasts, <a href="https://www.insiderintelligence.com/insights/digital-grocery-industry/">digital grocery sales would account for 13.7% of total US grocery sales in 2024</a>, or $1.601 trillion. By 2025, digital groceries will be worth $253.89 billion in the United States.
This significant increase in digital grocery sales can be attributed to the growing popularity of online shopping platforms and the convenience they provide to customers.
The supermarkets and hypermarkets industry is projected to reach $4.99 trillion by 2028, with a <a href="https://www.thebusinessresearchcompany.com/report/supermarkets-and-hypermarkets-global-market-report">CAGR of 7.8%</a>. E-commerce integration, health and wellness trends, sustainability initiatives, globalization, store format innovation, enhanced customer loyalty programs, contactless shopping, and data-driven inventory management will all contribute to growth during the forecast period.
Considering these conducive trends, let's look at the fundamentals of the three <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> stocks, starting with number three.
Stock #3: Colruyt Group N.V. (<a href="https://stocknews.com/stock/CUYTY/">CUYTY</a>)
Headquartered in Halle, Belgium, CUYTY together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, Luxembourg, and internationally. It operates through three segments: Retail; Wholesale and Foodservice; and Other Activities.
CUYTY's trailing-12-month asset turnover ratio of 1.68x is 102.9% higher than the industry average of 0.83x. Its trailing-12-month <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp#:~:text=The%20ROTA%20metric%20can%20be,it%20should%20be%20in%20reality.">ROTA</a> of 15.08% is 219.5% higher than the industry average of 4.72%.
For the six months ended September 30, 2023, CUYTY's revenue came in at €5.48 billion ($6 billion), up 16% year-over-year. The company's adjusted EBITDA increased 54.5% over the prior-year quarter to €450 million ($492.51 million). In addition, its net result increased 908.9% year-over-year to €897 million ($981.74 million). Also, its EPS came in at €7.07, representing an increase of 923.5% year-over-year.
Analysts expect CUYTY's revenue to come in at $11.61 billion for the fiscal year ending March 2024.The stock has gained 59% over past year to close the last trading session at $10.83.
CUYTY's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
CUYTY has an A grade for Growth and Stability and a B for Value and Quality. Within the A-rated <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> industry, it is ranked #4 out of 38 stocks. To see additional POWR Ratings for Momentum and Sentiment for CUYTY, <a href="https://stocknews.com/stock/CUYTY/">click here</a>.
Stock #2: Marks and Spencer Group plc (<a href="https://stocknews.com/stock/MAKSY/">MAKSY</a>)
Based in London, the United Kingdom, MAKSY operates diverse retail stores, spanning clothing, home goods, and food across segments like UK Clothing &amp; Home; UK Food; and International. Additionally, the company is involved in financial services, renewable energy, real estate, and online retail.
MAKSY's trailing-12-month ROTC of 8.08% is 23% higher than the 6.57% industry average. Its trailing-12-month ROCE of 13.85% is 20.3% higher than the 11.51% industry average.
During the half year ended September 30, 2023, MAKSY's revenue grew 10.8% year-over-year to £6.13 billion ($7.79 billion). The company's operating profit and profit for the period amounted to £315 million ($400.13 million) and £206.90 million ($262.81 million), up 83.7% and 24.1% from the previous-year period, respectively. Moreover, its adjusted EPS rose 55.8% year-over-year to 12 pence.
The consensus revenue came in at $16.40 billion for the fiscal year ending March 2024 represents a 11.2% increase year-over-year. Its EPS is expected to grow 32% year-over-year to $0.57 for the same period. MAKSY's shares have gained 51.6% past year to close the last trading session at $5.95.
It's no surprise that MAKSY has an overall A rating, equating to a Strong Buy in our POWR Ratings system. It has a B grade for Value, Growth, Quality and Stability. It is ranked #3 in the same industry.
Beyond what is stated above, we've also rated MAKSY for Sentiment and Momentum. Get all MAKSY ratings <a href="https://stocknews.com/stock/MAKSY/">here</a>.
Stock #1: Natural Grocers by Vitamin Cottage, Inc. (<a href="https://stocknews.com/stock/NGVC/">NGVC</a>)
NGVC is a retailer specializing in natural and organic groceries, supplements, and household items, offering science-based nutrition education programs to customers.
NGVC's trailing-12-month ROCE of 17.04% is 48.1% higher than the industry average of 11.51%. Its 1.76x trailing-12-month asset turnover ratio is 112.2% higher than the 0.83x industry average.
In the first quarter, which ended December 31, 2023, NGVC generated net sales of $301.75 million, up 7.6% year-over-year. The company's net income and net income per share of common stock rose 76% and 78.9% from the prior-year quarter to $7.76 million and $0.34, respectively. Moreover, its adjusted EBITDA grew 35.5% from the previous-year quarter to $18.75 million.
Shares of NGVC have gained 75.5% over past year to close the last trading session at $17.15.
NGVC has an overall A rating, equating to a Strong Buy in our POWR Ratings system.
NGVC's is ranked #2 in the same industry. It has an A grade for Sentiment and a B for Growth, Value, Stability and Quality. To see additional NGVC's ratings for Momentum, <a href="https://stocknews.com/stock/NGVC/">click here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
MAKSY shares were trading at $5.97 per share on Monday afternoon, up $0.02 (+0.35%). Year-to-date, MAKSY has declined -14.22%, versus a 5.89% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/maksy-cuyty-ngvc-3-grocery-stocks-grabbing-gains-weekly/>3 Grocery Stocks Grabbing Gains Weekly</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Grocery Stocks Grabbing Gains Weekly

Colruyt NV, Formerly Etablissementen Franz Colruyt NV, is a Belgian-based family-owned food retailer with nearly 30,000 employees and more than 530 stores that traces its origins back to 1928.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Latest News for Colruyt Group Stock (OTC:CUYTY)

Tuesday, August 06, 2019

Monday, August 05, 2019