Edition:
United Kingdom

Loblaw Companies Ltd (L.TO)

L.TO on Toronto Stock Exchange

69.24CAD
17 Nov 2017
Change (% chg)

$0.08 (+0.12%)
Prev Close
$69.16
Open
$69.17
Day's High
$69.60
Day's Low
$69.05
Volume
378,743
Avg. Vol
568,472
52-wk High
$78.87
52-wk Low
$64.65

Latest Key Developments (Source: Significant Developments)

Loblaw to begin Instacart home delivery of groceries - Conf Call‍​
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Loblaw Companies Ltd ::Will begin Instacart home deliveries on Dec 6 in Toronto, then Vancouver in January, expanding rapidly to new markets in 2018 - Conf Call‍​.The front of store business, the Shopper Drug Mart "continues to be a real source of strength" for the company - Conf Call‍​.  Full Article

Loblaw ‍plans to create PC optimum program
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Loblaw Companies Ltd ::Loblaw Companies Ltd ‍plans to create PC optimum program, combining Pharmaprix Optimum and PC Plus programs on February 1, 2018​.Says ‍through single card/app, members will be able to earn and redeem loyalty points across stores, e-commerce sites​.  Full Article

‍Loblaw Companies says co, George Weston confirmed they are aware of an industry-wide investigation by the competition bureau​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Loblaw Companies Ltd :‍Loblaw Companies - co, George Weston confirmed that they are aware of an industry-wide investigation by the competition bureau​.  Full Article

Loblaw agrees to buy Canadian healthcare technology company, QHR
Monday, 22 Aug 2016 

Loblaw Companies Ltd: Loblaw enters into agreement to purchase Canadian healthcare technology company, QHR . Deal for $3.10 in cash per each QHR share . Deal for approximately $170 million in aggregate .QHR shareholders who collectively control approximately 23% of QHR, have committed to vote in favor of transaction..  Full Article

Loblaw sees $1.3 billion in 2016 capital expenditures
Wednesday, 27 Jul 2016 

Loblaw Companies Ltd : Qtrly adjusted diluted net earnings per common share were $1.01 . Qtrly drug retail (shoppers drug mart) same-store sales growth was 4.0% . Q2 retail segment sales were $10,494 million, an increase of $176 million, or 1.7%, compared to q2 of 2015 . To return capital to shareholders by allocating a significant portion of free cash flow to share repurchases in 2016 . Sees for 2016 approximately $1.3 billion in capital expenditures . Q2 earnings per share view c$0.94, revenue view c$10.75 billion -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view c$3.86, revenue view c$46.57 billion -- Thomson Reuters I/B/E/S . Says . Qtrly revenue was $10,731 million, an increase of $196 million, or 1.9%, compared to q2 of 2015 . Qtrly diluted net earnings per common share were $0.39 . Qtrly food retail (loblaw) same-store sales growth was 0.7%, excluding gas bar . Says recorded an additional charge related to store closures of approximately $43 million in q2 . In 2016 to deliver positive same-store sales and stable gross margin in its retail segment .Says in 2016, company expects to grow adjusted net earnings.  Full Article

Loblaw - Recalling Joe Fresh ® Baby Girls' denim overalls
Friday, 20 May 2016 

Loblaw Companies Ltd : Is voluntarily recalling Joe Fresh ® Baby Girls' Denim Overalls with style code bgu6op1905 . Snaps on garment have potential to be pulled off and may pose a choking hazard to children .One instance of a snap coming off garment has been reported and there have been no reports of injury.  Full Article

Loblaw Companies Ltd says 4 pct increase to quarterly common share dividend
Wednesday, 4 May 2016 

Loblaw Companies Ltd:Quarterly common share dividend increased by 4 pct from $0.25 per common share to $0.26 per common share.Payable on July 1, 2016 to shareholders of record on June 15, 2016.  Full Article

Loblaw Companies Ltd - Dole Fresh Vegetables recalls certain pre-packaged products - DATMTR
Wednesday, 27 Jan 2016 

Loblaw Companies Ltd:Loblaw Companies Limited has announced that Dole Fresh Vegetables Inc., is recalling various pre-packaged chopped salads, salad blends and kits, and leafy green products from the marketplace due to possible Listeria monocytogenes contamination. - DATMTR.Consumers should not consume and distributors, retailers and food service establishments such as hotels, restaurants, cafeterias, hospitals and nursing homes should not sell or use the recalled products. - DATMTR.The affected products have been sold in Ontario, Quebec, New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland and Labrador and may have been sold in other provinces or territories. - DATMTR.This recall applies to all products manufactured from the Dole facility located in Springfield, OH. Affected product can be identified with a product code beginning with the letter "A" in the upper right-hand corner of the package. - DATMTR.There have been no confirmed illnesses associated with the consumption of these products - DATMTR.  Full Article

Loblaw Companies Ltd - Canadian Food Inspection Agency: President's choice brand butter chicken lasagna recalled due to fragments of bone
Saturday, 5 Dec 2015 

Loblaw Companies Ltd:Food recall warning: President's choice brand butter chicken lasagna recalled due to fragments of bone.Canadian food inspection agency says Loblaw Co is recalling its president's choice brand butter chicken lasagna due to fragments of bone.  Full Article

UPDATE 4-J.B. Hunt, Wal-Mart climb aboard Tesla's electric truck

Nov 17 Tesla Inc on Friday got high-profile orders from Wal-Mart Stores Inc and fleet operator J.B. Hunt for its future electric truck, but would-be customers indicated they are giving the big rig a try, not buying in volume.