Loblaw Companies Limited (TSX: L)

Canada flag Canada · Delayed Price · Currency is CAD
177.98
-3.51 (-1.93%)
Nov 18, 2024, 4:00 PM EST
46.17%
Market Cap 53.90B
Revenue (ttm) 60.60B
Net Income (ttm) 2.23B
Shares Out 302.83M
EPS (ttm) 7.18
PE Ratio 24.79
Forward PE 19.41
Dividend 2.05 (1.13%)
Ex-Dividend Date Dec 13, 2024
Volume 367,055
Open 181.48
Previous Close 181.49
Day's Range 176.90 - 181.48
52-Week Range 116.81 - 188.77
Beta 0.17
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About Loblaw Companies

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores. This segment also includes in-store pharmacies, health care services, other health and beauty product stores, apparel stores, and other general mer... [Read more]

Industry Grocery Stores
Founded 1919
Employees 220,000
Stock Exchange Toronto Stock Exchange
Ticker Symbol L
Full Company Profile

Financial Performance

In 2023, Loblaw Companies's revenue was 59.53 billion, an increase of 5.35% compared to the previous year's 56.50 billion. Earnings were 2.09 billion, an increase of 9.38%.

Financial Statements

News

Loblaw reports profit gains, expansion in U.S. with Asian grocer: CFO

Loblaw Companies CFO Richard Dufresne discusses the grocery giant's Q3 earnings and its expansion to the U.S. market.

5 days ago - BNN Bloomberg

Loblaw Companies Non-GAAP EPS of C$2.50, revenue of C$18.54B; reaffirms FY24 outlook

Loblaw Companies press release (LBLCF): Q3 Non-GAAP EPS of C$2.50. Revenue of C$18.54B (+1.5% Y/Y). Adjusted EBITDA was C$2,069 million, an increase of C$143 million, or 7.4%.

5 days ago - Seeking Alpha

Loblaw willing to eliminate exclusivity clauses in leases

Bruce Winder, retail analyst of Bruce Winder Retail, talks with us about the company Lowblaw is willing to eliminate exclusivity clauses.

19 days ago - BNN Bloomberg

Loblaw putting bodycams on workers in some Saskatoon and Calgary stores

Some Canadian stores are ramping up security. Loblaw is giving some managers and security personnel bodycams. The pilot project will take place at Superstore and Shoppers Drug Mart in multiple cities.

2 months ago - CBC News

George Weston Limited Reports Second Quarter 2024 Results

TORONTO, ON , July 30, 2024 /CNW/ - George Weston Limited (TSX: WN) ("GWL" or the "Company") today announced its consolidated unaudited results for the 12 weeks ended June 15, 2024 (2) . GWL's 2024 S...

3 months ago - Benzinga

Loblaws angers farmers markets, business groups after disparaging text ad

Advocates argue this latest marketing campaign is another example of Loblaw breaking trust with consumers

4 months ago - Financial Post

Loblaw net earnings dip in Q2 as it settles price-fixing lawsuit

Loblaw Cos. Ltd. net earnings took a dip in the second quarter as the company agreed to pay hundreds of millions in settlements for its involvement in the bread price-fixing scandal that rocked Canadi...

4 months ago - Financial Post

Loblaw Companies Limited 2024 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Loblaw Companies Limited in conjunction with their 2024 Q2 earnings call.

4 months ago - Seeking Alpha

Loblaw, Parent George Weston to Pay C$500 Million to Settle Price-Fixing Suit

Canadian grocery giant Loblaw Cos. and its parent company agreed to pay 500 million Canadian dollars, the equivalent of about U.S.$362 million, for their role in a decades-old bread price-fixing arran...

4 months ago - The Wall Street Journal

What's next in Loblaw, Weston Bread price fix lawsuit

Jay Strosberg, managing partner at Strosberg Wingfield Sasso LLP, joins BNN Bloomberg to discuss the landmark $500M settlement reached with George Weston and Loblaw.

4 months ago - BNN Bloomberg

Loblaw revenue, sales up in Q2 despite price fixing settlement and month-long boycott campaign

The retail giant's revenue grew to $13.9 billion in the quarter ended June 15, a 1.5 per cent year-over-year increase

4 months ago - Financial Post

Loblaw says Q2 net earnings fell by $51M due to charges from class-action settlements

Canadian retailer Loblaw Cos. Ltd. missed analysts' expectations for second-quarter revenue on Thursday, hurt by soft demand for some household items and non-essential products such as apparel.

4 months ago - CBC News

Loblaw, George Weston to pay $500M for bread price-fixing scheme in record antitrust settlement

Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a class-action lawsuit regarding their involvement in a bread price-fixing scheme.

4 months ago - CBC News

Loblaw Reports 2024 Second Quarter Results

BRAMPTON, ON , July 25, 2024 /CNW/ - Loblaw Companies Limited (TSX: L) ("Loblaw" or the "Company") announced today its unaudited financial results for the second quarter ended June 15, 2024 (1) . Lob...

4 months ago - Benzinga

Privacy commissioner investigating customer claims they can't delete PC Optimum accounts

The Office of the Privacy Commissioner of Canada says it's opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts.

4 months ago - CBC News

Loblaw: Canadians Will Always Have To Eat

Discover why Loblaw is a core holding for investors seeking exposure to Canada, but may not be a buy with its equity at an all-time high. Learn more here.

4 months ago - Seeking Alpha

Competition Bureau obtains court orders in investigation into Loblaw, Sobeys

Bureau is investigating the use of property controls in the grocery sector

5 months ago - Financial Post

One in five Canadians boycotting Loblaw, most feel food prices getting worse: poll

Almost two-thirds of respondents don't think the boycott will have an effect on grocery prices

6 months ago - Financial Post

Loblaw boycott gives independent stores and grocery alternatives a boost

Forage Market in Edmonton saw sales rise 57 per cent during the first half of May

6 months ago - Financial Post

Shoppers Drug Mart faces backlash for 'volunteer' job posting. Loblaw says it was an error

A Shoppers Drug Mart pharmacy in downtown Toronto is facing backlash over a now-deleted job posting for a “volunteer” position in the store. The job posting on LinkedIn listed duties including assisti...

6 months ago - CBC News

Loblaw agrees to sign grocery code of conduct — but only if competitors do, too

Loblaw Companies Ltd. says it's ready to sign on to the grocery code of conduct as long as other industry players do, too, paving the way for an agreement that's been years in the making.

6 months ago - CBC News