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Loblaw Companies Q1 2024 Earnings Report

Loblaw Companies logo
C$175.89 +1.14 (+0.65%)
As of 02/21/2025 04:22 PM Eastern
Earnings HistoryForecast

Loblaw Companies EPS Results

Actual EPS
C$1.72
Consensus EPS
C$1.70
Beat/Miss
Beat by +C$0.02
One Year Ago EPS
N/A

Loblaw Companies Revenue Results

Actual Revenue
$13.58 billion
Expected Revenue
$13.29 billion
Beat/Miss
Beat by +$293.50 million
YoY Revenue Growth
N/A

Loblaw Companies Announcement Details

Quarter
Q1 2024
Date
5/1/2024
Time
N/A

Conference Call Resources

Loblaw Companies Earnings Headlines

Earnings Miss: Loblaw Companies Limited Missed EPS By 11% And Analysts Are Revising Their Forecasts
February 22 at 9:47 AM | finance.yahoo.com
Loblaw price target lowered to C$190 from C$200 at Scotiabank
February 22 at 2:56 AM | markets.businessinsider.com
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Loblaw Companies Full Year 2024 Earnings: EPS Misses Expectations
February 21 at 4:34 PM | uk.finance.yahoo.com
Loblaw price target lowered to C$215 from C$217 at RBC Capital
February 21 at 4:34 PM | markets.businessinsider.com
Loblaw price target raised to C$208 from C$206 at CIBC
February 21 at 4:34 PM | markets.businessinsider.com
See More Loblaw Companies Headlines
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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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