November 13, 2019 / 11:40 AM / a month ago

Retailer Loblaw quarterly revenue rises 2%

Nov 13 (Reuters) - Canadian retailer Loblaw Cos Ltd reported a 2.3% rise in quarterly revenue on Wednesday, boosted by higher demand at its pharmacies and food stores.

Net earnings attributable to common shareholders rose to C$331 million ($250.17 million), or 90 Canadian cents per share, in the third quarter ended Oct. 6, from C$106 million, or 28 Canadian cents per share, a year earlier.

Revenue rose to C$14.66 billion from C$14.32 billion.

$1 = 1.3231 Canadian dollars Reporting by Praveen Paramasivam in Bengaluru; Editing by Shinjini Ganguli

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below