Metcash Ltd
MTS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| x.b | LOCK|$p | LOCK|dYfJp^T |
Strong Online Growth a Double-Edged Sword for Supermarkets
Retail spending is rebounding due to a larger workforce, higher wages, and meaningful fiscal stimulus. Discretionary categories are benefiting more than defensives from rising household incomes. But online growth is diluting supermarket profit margins.
