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Loblaw Companies Q2 2023 Earnings Report

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C$190.62 -0.56 (-0.29%)
(As of 12/20/2024 05:17 PM ET)

Loblaw Companies EPS Results

Actual EPS
C$1.94
Consensus EPS
C$1.93
Beat/Miss
Beat by +C$0.01
One Year Ago EPS
N/A

Loblaw Companies Revenue Results

Actual Revenue
$13.74 billion
Expected Revenue
$13.64 billion
Beat/Miss
Beat by +$96.00 million
YoY Revenue Growth
N/A

Loblaw Companies Announcement Details

Quarter
Q2 2023
Time
N/A

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Loblaw Companies Earnings Headlines

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Analysts Set Loblaw Companies Limited (TSE:L) PT at C$193.00
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Loblaw initiated with a Buy at UBS
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About Loblaw Companies

Loblaw is one of Canada's largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart. The firm carries a robust private-label assortment, with top sellers like President's Choice and No Name. In addition to its retail operations, Loblaw oversees a financial-services business, which provides credit card services and guaranteed investment certificates, and also operates its PC Optimum loyalty program. The firm's controlling shareholder is George Weston Limited, which owns 52.6% of the equity.

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