Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Loblaw Companies Limited (T:L)

Business Focus: Food Retail & Distribution (NEC)

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
 
Company Contact
Address: 1 Presidents Choice Circle
BRAMPTON ON L6Y 5S5
Tel: N/A
Website: https://www.loblaw.ca
IR: See website
Key People
Galen G. Weston
Executive Chairman of the Board
Mark Wilson
Chief Human Resource Officer, Executive Vice President
Per Bank
President, Chief Executive Officer
Richard Dufresne
Chief Financial Officer
Barry K. Columb
President - President'€™s Choice Financial
Ian Freedman
President - Joe Fresh
Frank Gambioli
President - Market Division
Tina Lee
Chief Executive Officer - T&T
Jeffery Leger
President - Shoppers Drug Mart
Melanie Singh
President - Hard Discount Division
   
Business Overview
Loblaw Companies Limited is a Canada-based food and pharmacy retailer. The Company provides grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. The Company's segments include Retail and Financial Services. The Retail segment consists primarily of corporates and franchise-owned retail food and Associate-owned drug stores, which includes in-store pharmacies, health care services and other health and beauty products, apparel and other general merchandise. The Financial Services segment provides credit card and everyday banking services, the PC Optimum Program, insurance brokerage services, and telecommunication services. It has more than 2,400 corporate, franchised and Associate-owned and rewarding. It provides the PC Money, which is an everyday banking product that allows account holders to earn PC Optimum points by making payments. Its brands include Joe Fresh, no name, President's Choice and others.
Financial Overview
For the 12 weeks ended 23 March 2024, Loblaw Companies Ltd revenues increased 5% to C$13.58B. Net income applicable to common stockholders increased 10% to C$459M. Revenues reflect Retail segment increase of 4% to C$13.29B, Financial services segment increase of 11% to C$361M, Food Retail Smae store sales growth increase of 10% to 3.4%, Value of Retail Sales-Food increase of 4% to C$9.41B.
Employees: 220,000 as of Dec 30, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $63,658M as of Mar 23, 2024
Annual revenue (TTM): $60,115M as of Mar 23, 2024
EBITDA (TTM): $6,704M as of Mar 23, 2024
Net annual income (TTM): $2,129M as of Mar 23, 2024
Free cash flow (TTM): $3,022M as of Mar 23, 2024
Net Debt Last Fiscal Year: $16,518M as of Mar 23, 2024
Shares outstanding: 306,737,513 as of Apr 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization