Migros Ticaret A.S. (MGROS.IS)
Migros Ticaret A.S. operates in the Grocery Stores industry of the Consumer Defensive sector, headquartered in Istanbul, IB, TR. The stock last traded at $572.00, down 9.21% on the session, giving a market capitalisation of $101.87B. Its beta of -0.05 implies it has historically moved less than the broad market.
Migros Ticaret A.S., alongside its affiliated companies, engages in the retail distribution of groceries, beverages, and various consumer and durable goods. The company maintains an online presence through Migros Sanal Market, an e-commerce platform for food, and Tazedirekt.com, another digital shopping portal. As of March 4, 2022, it oversaw a vast network of 2,567 retail locations throughout all 81 Turkish provinces, encompassing 2,455 Migros stores and 112 Macrocenter branches, which collectively occupy approximately 2,739,475 square meters. Additionally, Migros Ticaret A.S. generates revenue by leasing commercial units within shopping centers to other enterprises. Established in 1954, the company's main corporate office is situated in Istanbul, Turkey.
Migros Ticaret A.S. is most often compared with the following Consumer Defensive names: