Loblaw Companies Limited (T:L)
Business Focus: Food Retail & Distribution (NEC)
Cloudy as of April 01, 2024
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Latest 10 SEDI filings for L within the last 6 months
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Company News
May 03, 2024 06:00 ET
Loblaw Releases 2023 ESG Report
Celebrating Milestones in the Fight Against Climate Change and the Advancement of Social Equity
May 02, 2024 18:14 ET
Loblaw Companies Limited Announces Election of Directors
BRAMPTON, ON, May 2, 2024 /CNW/ - (TSX: L) – Loblaw Companies Limited (Loblaw) today announced that all of the nominee directors listed in the management proxy circular dated March 19, 2024, were elected as directors of Loblaw. The vote was conducted at the Company's Annual Meeting of Shareholders, held in a virtual meeting format, on May 2, 2024. The results of the vote are set out below:
Valuation Ratios
Industry
Sector
Beta
0.13
--
--
Price to Sales - TTM
0.79
2.39
3.02
Price to Book - most recent quarter
4.35
2.71
2.02
Price to Cash Flow per share - TTM
9.17
6.64
9.93
Price to Free Cash Flow per share - TTM
15.62
14.43
14.85
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 1,384,745 | -92,230 |
| Mar 31, 2024 | 1,476,975 | 108,688 |
| Mar 15, 2024 | 1,368,287 | 26,753 |
Business Summary
| Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
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.
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