Loblaw Companies Limited (TSX: L)

Canada flag Canada · Delayed Price · Currency is CAD
152.84
+1.88 (1.25%)
May 1, 2024, 4:00 PM EDT
19.29%
Market Cap 46.88B
Revenue (ttm) 59.53B
Net Income (ttm) 2.10B
Shares Out 306.74M
EPS (ttm) 6.54
PE Ratio 23.44
Forward PE 17.27
Dividend 1.78 (1.17%)
Ex-Dividend Date Mar 14, 2024
Volume 207,087
Open 146.99
Previous Close 150.96
Day's Range 146.49 - 153.69
52-Week Range 110.52 - 154.70
Beta 0.12
Analysts n/a
Price Target 157.36 (+2.96%)
Earnings Date May 1, 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
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol L
Full Company Profile

Financial Performance

In 2023, L's revenue was 59.53 billion, an increase of 5.35% compared to the previous year's 56.50 billion. Earnings were 2.10 billion, an increase of 9.32%.

Financial Statements

News

Loblaw Companies Limited (LBLCF) Q1 2024 Earnings Call Transcript

Loblaw Companies Limited (OTCPK:LBLCF) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ETCompany ParticipantsRoy MacDonald - VP, IRPer Bank -...

11 hours ago - Seeking Alpha

Loblaw CEO ‘cautiously optimistic’ about grocery code of conduct

BRAMPTON, Ont. — Loblaw Cos. Ltd.’s new chief executive said he’s “cautiously optimistic” that the company will be able to come to an agreement on the grocery code of conduct. The grocer has been one ...

15 hours ago - Financial Post

Loblaw reports $13.58B in Q1 revenue, as Reddit group's boycott kicks off

Loblaw Companies reported $13.58 billion in first-quarter revenue — a 4.5 per cent increase from a year earlier — on Wednesday morning, the same day that a group of frustrated shoppers said they would...

17 hours ago - CBC News

Loblaw hikes dividend as profit rises almost 10%

Retail giant says customer traffic increases as prices rise less than inflation

17 hours ago - Financial Post

Loblaw Companies Non-GAAP EPS of C$1.72, revenue of C$13.58B; reaffirms FY24 outlook

Loblaw Companies press release (LBLCF): Q1 Non-GAAP EPS of C$1.72. Revenue of C$13.58B (+4.5% Y/Y). Adjusted EBITDA was C$1,544 million, an increase of C$96 million, or 6.6%. Net capital

19 hours ago - Seeking Alpha

Loblaw reports strong first quarter on resilient demand, easing food prices

Canadian food and pharmacy retailer Loblaw Companies topped expectations for first-quarter revenue and profit on Wednesday, aided by sustained consumer demand well as easing prices of grocery items.

20 hours ago - Reuters

‘Shot themselves in the foot:’ How Loblaw became target for grocery anger over food inflation

Watch York University's Grant Packard on why consumers are planning to boycott Loblaw brands in May

1 day ago - Financial Post

‘Don’t want to struggle anymore’: Grocery shoppers plan Loblaw boycott in May

Push springs out of Reddit group targeting food giants

2 days ago - Financial Post

Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market

Industry Minister François-Philippe Champagne has criticized Canada’s three biggest grocery companies—Loblaw, Metro and Empire—for failing to be transparent on the causes of food inflation.

13 days ago - The Wall Street Journal

Proposed class action against Shoppers Drug Mart alleges 'unsafe and unethical corporate practices'

A former Shoppers Drug Mart franchise owner has filed a proposed class action lawsuit against the Canadian retail pharmacy chain, and its parent company Loblaw, alleging the companies imposed “unsafe ...

16 days ago - CBC News

Despite backlash, some Loblaw stores still discount perishable food by 30% — not 50%

Loblaw announcing in January it would bring back 50 per cent discounts on perishable food, but some Real Canadian Superstore customers still feel shortchanged. That’s because the Loblaw-owned chain wi...

19 days ago - CBC News

Fed up with high prices, people want to boycott Loblaws. But will it accomplish anything?

A growing group of Canadians are organizing a boycott of Loblaw companies for May. But it means blacklisting much more than just grocery stores.

25 days ago - CBC News

Embracing Innovation and Excellence: CMA Announces Co-chairs and New Award Celebrating Global Impact for Canada’s Largest Marketing Awards Show

CMA unveils new ‘Outstanding International Creative’ award to recognize exceptional international campaigns originating from Canada TORONTO — The Canadian Marketing Association (CMA) today announced t...

4 weeks ago - Financial Post

Empire CEO defends grocery code of conduct, says it won’t drive food prices higher

Rebuffs contention by Loblaw and Walmart at retail conference

4 weeks ago - Financial Post

Scan your receipt to exit? Loblaw facing backlash as it tests receipt scanners at self-checkout

In an attempt to combat theft, Loblaw is testing receipt scanners at four of its stores, the grocery giant told CBC News. Customers who use self-checkout must scan their receipt's barcode — confirming...

7 weeks ago - CBC News

LOBLAW COMPANIES LIMITED COMPLETES ISSUANCE OF $400 MILLION OF SENIOR UNSECURED NOTES

BRAMPTON, ON , March 4, 2024 /CNW/ - (TSX: L) – Today, Loblaw Companies Limited ("Loblaw" or the "Company") announced that it has completed its previously announced issuance, on a private placement b...

2 months ago - Benzinga

LOBLAW COMPANIES LIMITED TO ISSUE $400 MILLION OF SENIOR UNSECURED NOTES

BRAMPTON, ON , Feb. 28, 2024 /CNW/ - (TSX: L) – Today, Loblaw Companies Limited ("Loblaw" or the "Company") announced that it has agreed to issue, on a private placement basis to qualified accredited...

2 months ago - Benzinga

George Weston Limited Reports Fourth Quarter and Fiscal Year 2023 Results

Full-year revenue tops $60 billion milestone and corporate free cash flow increases to $1.3 billion . TORONTO , Feb. 28, 2024 /CNW/ - George Weston Limited (TSX: WN) ("GWL" or the "Company") today an...

2 months ago - Benzinga

Live news: Loblaw shares spike to all-time high twice in one week

The latest business news as it happens

2 months ago - Financial Post

Loblaw Reports 2023 Fourth Quarter Results and Fiscal Year Ended December 30, 2023 Results

Loblaw opens 31 new Maxi and NoFrills stores in 2023, bringing lower prices and more value to hundreds of thousands more Canadians. Fourth quarter revenue grew 3.7% and net earnings increased 2.3%. BR...

2 months ago - Benzinga

Live news: Loblaw to build more than 40 new stores, create 7,500 jobs in $2-billion expansion

The latest business news as it happens

2 months ago - Financial Post