【出版时间及名称】：2010年1月全球消费品零售行业研究报告
        【作者】：TD newcrest
        【文件格式】：pdf
        【页数】：84
        【目录或简介】：
Table of Contents
Investment Conclusions ...................................................................... 3
A Quick Look Back at Q4/09 and 2009 Stock Performance............ 4
2010 Sector Outlook Summary .......................................................... 7
Current Quarter Earnings Outlook Summary................................. 9
Quarterly Industry Highlights ......................................................... 10
Retail
Drug Stores .................................................................................................. 10
Food Stores .................................................................................................. 16
Quick Service Restaurants (QSRs) .............................................................. 20
Convenience Stores...................................................................................... 29
Consumer Products
Dairy ............................................................................................................ 33
Meats, Meals & Bakery................................................................................ 40
Sugar ............................................................................................................ 43
Comparative Valuations versus Earnings Growth......................... 45
Individual Quarterly Previews/Analysis ......................................... 47
Shoppers Drug Mart..................................................................................... 49
Jean Coutu.................................................................................................... 51
Metro............................................................................................................ 53
Loblaw ......................................................................................................... 55
North West ................................................................................................... 59
Tim Hortons ................................................................................................. 61
Couche-Tard................................................................................................. 63
Saputo .......................................................................................................... 65
Maple Leaf ................................................................................................... 67
Rogers Sugar................................................................................................ 69
Justification of Target Prices............................................................ 71
Key Risks to Target Prices................................................................ 72
Appendix I. Q4/09 Insider Trading and Share Buybacks ............. 74
Appendix II. TD Quantitative Analysis – Consumer Staples
Sector .................................................................................................. 75
Appendix III. TD Economics Insight – State of the
Canadian Consumer ......................................................................... 77
Appendix A. Important Disclosures................................................. 81