Supply Chains to Admire 2023 - Report v4.0

25 SUPPLY CHAINS TO ADMIRE | 2023

25

Grocery Retail

For 2023, Ahold placed in the Winner's Circle for the fourth year. In Grocery Retail, companies subconsciously traded margin for cash. When we compare 2013 to 2022, margins are flat, and inventory turns improved by 1%.

Table 12. Grocery Retail Sector Averages for the Period of 2013-2022

INDUSTRY: Retail Broadline

IMPROVE- MENT

COMPANY INFORMATION

PERFORMANCE

VALUE

RETURN ON INVESTED CAPITAL

2022 REVENUE (MS)

SUPPLY CHAIN INDEX

GROWTH (Year Over Year Revenue)

FUNDAMENTAL AVERAGE SCORE

INVENTORY TURNS

OPERATING MARGIN

PRICE TO BOOK

MARKET CAP

NAME

2013 - 2022

Carrefour

$87,624

7

-1.1%

9.11

2.7%

2.7%

NA

1.57

17,311

Dairy Farm International

$9,174

10

-0.1%

8.11

4.0%

15.3%

NA

6.63

8,659

Empire Co Ltd

$24,039

4

4.2%

14.05

2.4%

3.6%

7

1.60

5,506

Koninklijke Ahold Delhaize NV

$91,733

5

8.7%

14.86

3.8%

12.1%

9

2.05

25,668

Kroger Co

$137,888

9

5.0%

11.75

6.1%

13.8%

9

2.70

11,485

Metro AG

$18,889

8

-0.9%

11.84

4.2%

18.1%

NA

3.64

643

Pick N Pay

$6,590

2

1.4%

18.34

2.4%

3.6%

NA

0.81

7,580

Sainsbury

$41,031

11

1.6%

6.66

5.3%

15.9%

1

4.42

6,935

Shoprite Supermarkets

$12,088

2

-1.6%

21.73

2.3%

3.2%

NA

1.71

26,815

Tesco PLC

$84,248

6

4.4%

14.35

2.5%

10.3%

8

3.99

28,382

Weis Markets Inc

$4,696

1

5.8%

9.62

3.1%

8.4%

9

1.44

1,445

MEAN WITH OUTLIERS

$47,091

2.5%

12.77

3.5%

9.7%

7.1

2.78

12,766

MEAN WITHOUT OUTLIERS

2.5%

12.77

3.5%

9.7%

7.1

2.78

12,766

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