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Colruyt Group (OTC:CUYTY) Stock, Option Chain

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.

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Colruyt Group NV

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.

Stock Analysis: Colruyt Group

The retail market is expected to thrive in the near term, owing to the robust retail sales driven by employment gains and strong demand for groceries despite sticky inflation. Against this backdrop, fundamentally strong retail stocks such as Colruyt Group (CUYTY), PriceSmart (PSMT), and Marks and Spencer Group (MAKSY) could be solid portfolio additions now. Read on... The retail sector is expected to grow substantially due to solid consumer spending, sustained demand, rising wages, lower layoffs, increasing disposable incomes, growth of e-commerce, and ever-changing consumer preferences.
Given this backdrop, investors could consider buying quality retail stocks such as Colruyt Group N.V. (<a href="https://stocknews.com/stock/CUYTY/">CUYTY</a>), PriceSmart, Inc. (<a href="https://stocknews.com/stock/PSMT/">PSMT</a>), and Marks and Spencer Group plc (<a href="https://stocknews.com/stock/MAKSY/">MAKSY</a>). Before diving deeper into the fundamentals of these stocks, let's discuss what's shaping the retail industry's prospects.
The retail sector has shown impressive growth despite the challenges of high borrowing costs and lingering inflation. Consumer spending, or personal consumption expenditure (PCE), <a href="https://www.bea.gov/data/consumer-spending/main">rose 0.8%</a> for the second consecutive month in March.
Moreover, retail sales in the U.S. rose higher than expected in March, notching up sales growth for the second consecutive month. Retail sales increased <a href="https://edition.cnn.com/2024/04/15/economy/us-retail-sales-march/index.html">0.7% in March</a> sequentially, beating the consensus estimates of 0.4%. Retail sales have risen in seven of the past ten months through March. As per Statista, total retail sales in the U.S. are expected to amount to <a href="https://www.statista.com/statistics/443495/total-us-retail-sales/">$7.90 trillion by 2026</a>.
Although sticky inflation has pushed the prices of groceries higher, the demand for grocery products remains unaffected due to their inelastic demand. Grocers are capitalizing on the popularity of e-commerce and are looking to enhance customer experiences by providing personalized services and products through various digitalization initiatives.
The global grocery delivery market is expected to achieve revenues of $786.80 billion this year and grow at a <a href="https://www.statista.com/outlook/dmo/online-food-delivery/grocery-delivery/worldwide">CAGR of 12.7%</a> to reach revenues of $1.27 trillion by 2028. Also, the online grocery market is expected to grow at a <a href="https://www.grandviewresearch.com/industry-analysis/online-grocery-market">CAGR of 26.8%</a> to reach revenues of $305.13 billion by 2030.
In light of these encouraging trends, let's examine the fundamentals of the three <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> stock picks, starting with the third in line.
Stock #3: Colruyt Group N.V. (<a href="https://stocknews.com/stock/CUYTY/">CUYTY</a>)
Headquartered in Halle, Belgium, CUYTY engages in 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.
On April 17, CUYTY announced that it received the final approval from the BCA to acquire 28 Match and 26 Smatch stores in Belgium, proceeding with the integration and conversion of these stores to the 'Comarkt' or 'Comarché' format by the end of April 2024, aiming for a smooth transition for customers and employees.
On April 16, CUYTY announced the reopening and rebranding of the Spar store in Wanfercée-Baulet on March 14, focusing on a quality product range, local service, and the introduction of the Xtra app for customer benefits, with special offers available during the reopening week in April.
CUYTY's trailing-12-month CAPEX / Sales of 4.12% is 22.7% higher than the industry average of 3.36%. Similarly, its trailing-12-month net income margin of 9.44% is 81.4% higher than the industry average of 5.20%. Also, its 1.68x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 104.1% higher than the industry average of 0.82x.
For the six months that ended September 30, 2023, CUYTY's revenue and gross profit stood at €5.48 billion ($5.90 billion) and €1.62 billion ($1.74 billion), up 16% and 22.2% year-over-year, respectively.
For the same quarter, its profit for the period and earnings per share increased 908.9% and 924.6% from the year-ago value to €896.90 million ($965.93 million) and €7.07, respectively.
Analysts expect CUYTY's revenue for the year ending March 31, 2025, to increase 6.1% year-over-year to $12.21 billion. Over the past nine months, the stock has gained 29.7%, closing the last trading session at $11.79.
CUYTY's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, equating to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
It has an A grade for Growth and Stability and a B for Value. It is ranked #17 out of 36 stocks in the A-rated <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> industry. To see CUYTY's Momentum, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/CUYTY/">click here</a>.
Stock #2: PriceSmart, Inc. (<a href="https://stocknews.com/stock/PSMT/">PSMT</a>)
PSMT owns and operates U.S.-style membership shopping warehouse clubs in the U.S., Central America, the Caribbean, and Colombia.
On March 1, PSMT announced opening its newest warehouse club in Santa Ana, El Salvador. This brings the company's total number of warehouse clubs in operation to 54.
PSMT's trailing-12-month asset turnover ratio of 2.38x is 189.3% higher than the industry average of 0.82x. Its trailing-12-month Return on Total Assets of 6% is 21.1% higher than the industry average of 4.96%. Furthermore, its trailing-12-month Return on Total Capital of 9.78% is 45.3% higher than the 6.73% industry average.
PSMT's total revenues and operating income for the fiscal second quarter that ended February 29, 2024, stood at $1.29 billion and $63.62 million, up 13.1% and 18.2% year-over-year, respectively. In addition, its adjusted net income stood at $39.27 million or $1.31 per share, up 1.9% and 4.8% over the prior-year quarter, respectively.
For the quarter ending May 31, 2024, PSMT's revenue and EPS are expected to increase 10% and 11.7% year-over-year to $1.21 billion and $1.05, respectively. The stock has gained 24.4% over the past six months to close the last trading session at $83.14.
PSMT's POWR Ratings reflect its positive prospects. It has an overall B rating, equating to Buy in our proprietary rating system.
PSMT has a B grade for Value, Momentum, and Stability. Within the same industry, it is ranked #13. <a href="https://stocknews.com/stock/PSMT/">Click here</a> for the additional POWR Ratings for PSMT (Growth, Sentiment, and Quality).
Stock #1: Marks and Spencer Group plc (<a href="https://stocknews.com/stock/MAKSY/">MAKSY</a>)
Headquartered in London, the United Kingdom, MAKSY operates various retail stores through five segments: UK Clothing &amp; Home, UK Food, International, Ocado, and All Other.
On April 10, MAKSY and HSBC UK signed a new agreement focused on MAKSY's credit offering, payment solutions, and combining digital payments and loyalty for MAKSY customers.
This agreement has enabled MAKSY to combine rewards, Sparks, digital payments, and credit to create an easier-to-access and more personalized in-app experience for customers. Customers can shop, pay, earn, and redeem rewards all in one place.
On March 7, MAKSY announced the expansion of Nobody's Child pop-up shops to 48 new MAKSY stores, bringing the total to 60 across the UK. This follows a successful trial that boosted MAKSY dress sales by 16.5% last summer, marking a key phase in their partnership.
MAKSY's trailing-12-month Return on Common Equity and Return on Total Capital of 13.85% and 8.08% are 19.9% and 20% higher than the industry averages of 11.55% and 6.73%, respectively. Likewise, its 36.95% trailing-12-month gross profit margin is 4.6% higher than the industry average of 35.34%.
For the six months that ended September 30, 2023, MAKSY's revenue and operating profit stood at £6.13 billion ($7.71 billion) and £315 million ($395.75 million), up 10.8% and 83.7% year-over-year, respectively.
Its profit for the period attributable to owners of the parent and adjusted earnings per share increased 25.2% and 55.8% from the year-ago value to £208 million ($261.32 million) and 12p, respectively.
Street expects MAKSY's revenue and EPS for fiscal 2024 to increase 8.9% and 32% year-over-year to $16.05 billion and $0.57, respectively. MAKSY's stock has gained 53.1% over the past year to close the last trading session at $6.52.
MAKSY's POWR Ratings reflect this promising outlook. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
MAKSY has a B grade for Growth, Value, Stability, and Sentiment. Within the Grocery/Big Box Retailers industry, it is ranked #6. In total, we rate MAKSY on eight different levels. Beyond what we stated above, we have also given MAKSY grades for Momentum and Quality. Get all the MAKSY ratings <a href="https://stocknews.com/stock/MAKSY/">here</a>.
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MAKSY shares were trading at $6.68 per share on Tuesday morning, up $0.16 (+2.45%). Year-to-date, MAKSY has declined -4.02%, versus a 9.19% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Neha Panjwani</h2> <img src='https:/wp-content/uploads/2024/01/Neha-Panjwani_Headshot-1.jpeg' style="float:left; padding:5px;width:125px;">From her school days, Neha harbored a profound fascination for finance, a passion that steered her toward a career as an investment analyst following the completion of her bachelor's degree in commerce. Currently enrolled in the CFA program, Neha is dedicated to further enriching her comprehension of investment fundamentals.

Neha's primary objective is to aid retail investors in discerning optimal investment opportunities by diligently evaluating crucial aspects of financial instruments, with a primary focus on stocks and ETFs. Her commitment lies in empowering individuals to make informed and strategic investment decisions in the dynamic world of finance.<a href="https://stocknews.com/authors/?author=neha-panjwani">More...</a>The post <a href=https://stocknews.com/news/maksy-cuyty-psmt-3-retail-stocks-gaining-ground-and-profits/>3 Retail Stocks Gaining Ground and Profits</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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