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Loblaw Companies Ltd (L.TO)

L.TO on Toronto Stock Exchange

66.36CAD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Unifor Says Members At Loblaws Ajax Distribution Centre Ratified A Collective Agreement
Monday, 4 Mar 2019 

March 4 (Reuters) - Unifor::UNIFOR SAYS MEMBERS OF UNIFOR LOCAL 222, AT LOBLAWS AJAX DISTRIBUTION CENTRE, RATIFIED A 3-YEAR COLLECTIVE AGREEMENT ON FEB. 27.UNIFOR SAYS NEW GAINS UNDER THE 3-YEAR COLLECTIVE AGREEMENT INCLUDE WAGE INCREASES FOR ALL WORKERS.  Full Article

Loblaw Companies Is Recalling All Romaine Products Across Canada
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Loblaw Companies Ltd ::PUBLIC SAFETY NOTICE: LOBLAW RECALLING ALL ROMAINE PRODUCTS ACROSS THE COUNTRY.LOBLAW COMPANIES SAYS IS RECALLING & REMOVING FROM STORE SHELVES ACROSS THE COUNTRY ALL ROMAINE LETTUCE PRODUCTS.  Full Article

Loblaw And George Weston File Additional Information Regarding Spin-Out Of Choice Properties REIT
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Loblaw Companies Ltd ::LOBLAW AND GEORGE WESTON FILE ADDITIONAL INFORMATION REGARDING SPIN-OUT OF CHOICE PROPERTIES REIT.LOBLAW COMPANIES - BOARD OF DIRECTORS OF CO RECOMMENDS THAT LOBLAW SHAREHOLDERS VOTE FOR SPECIAL RESOLUTION APPROVING ARRANGEMENT.  Full Article

Loblaw Qtrly Diluted Net Earnings Per Common Share $0.05
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Loblaw Companies Ltd ::LOBLAW REPORTS 2017 FOURTH QUARTER AND FISCAL YEAR ENDED DECEMBER 30, 2017 RESULTS(1).Q4 REVENUE FELL 0.9 PERCENT TO C$11.03 BILLION.QTRLY DILUTED NET EARNINGS PER COMMON SHARE WERE $0.05.QTRLY FOOD RETAIL (LOBLAW) SAME-STORE SALES GROWTH WAS 0.5 PERCENT, EXCLUDING GAS BAR OPERATIONS.QTRLY ADJUSTED DILUTED NET EARNINGS PER COMMON SHARE WERE $1.13.Q4 EARNINGS PER SHARE VIEW C$1.11, REVENUE VIEW C$11.03 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY DRUG RETAIL (SHOPPERS DRUG MART) SAME-STORE SALES GROWTH WAS 3.6 PERCENT.QTRLY RETAIL SEGMENT SALES WERE $10,718 MILLION, A DECREASE OF $127 MILLION, OR 1.2 PERCENT.LOBLAW - ‍IN 2018, ON A FY COMPARATIVE BASIS, EXPECTS TO DELIVER POSITIVE SAME-STORE SALES & STABLE GROSS MARGIN IN RETAIL SEGMENT.DISPOSITION OF CO'S GAS BAR OPERATIONS NEGATIVELY IMPACTED QTRLY DILUTED NET EPS GROWTH BY ABOUT $0.03 PER COMMON SHARE.LOBLAW - ‍IN 2018, ON FY COMPARATIVE BASIS, EXPECTS TO DELIVER ESSENTIALLY FLAT ADJUSTED NET EARNINGS GROWTH WITH POSITIVE ADJUSTED EPS GROWTH.LOBLAW - ‍IN 2018, ON FULL-YEAR COMPARATIVE BASIS, EXPECTS TO INVEST ABOUT $1.3 BILLION IN CAPITAL EXPENDITURES, INCLUDING $1.0 BILLION IN RETAIL SEGMENT​.‍HEADWINDS FROM MINIMUM WAGE INCREASES AND HEALTHCARE REFORM WILL NEGATIVELY IMPACT COMPANY'S FINANCIAL PERFORMANCE IN 2018​.‍NOW EXPECTS THAT ANNOUNCED HEALTHCARE REFORM WILL HAVE ADDITIONAL IMPACT OF ABOUT $250 MILLION ON OPERATING INCOME FOR 2018​.  Full Article

Loblaw Says Recalling Select PC Black Label Sweet Chipotle Mustard Units
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Loblaw Companies Ltd ::LOBLAW - RECALLING SELECT PC BLACK LABEL SWEET CHIPOTLE MUSTARD UNITS DUE TO RISK THAT THEY MAY CONTAIN FOREIGN MATERIAL.  Full Article

Loblaw Companies Enters Automatic Share Purchase Plan
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Loblaw Companies Ltd ::LOBLAW COMPANIES-ENTERED AUTOMATIC SHARE PURCHASE PLAN TO FACILITATE REPURCHASES OF CO'S SHARES UNDER PREVIOUSLY ANNOUNCED NORMAL COURSE ISSUER BID.  Full Article

Competition Bureau closes investigation into allegations of abuse of dominance by Loblaw​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Competition Bureau::Competition Bureau says it is closing its investigation into allegations of "abuse of dominance" by Loblaw​.‍Competition Bureau says no conclusion of abuse of dominance in its investigation related to Loblaw.Competition Bureau says concluded no further action was warranted​ in relation to investigation.  Full Article

ALLIANCE DATA SYSTEMS' ‍PRECIMA SIGNS LONG-TERM AGREEMENT WITH LOBLAW COS LTD
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA SYSTEMS CORP - ‍PRECIMA SIGNED A NEW LONG-TERM AGREEMENT WITH LOBLAW COMPANIES LIMITED​.ALLIANCE DATA - ‍PRECIMA WILL GIVE DATA TO SUPPORT MARKETING STRATEGY DEVELOPMENT, ALONG WITH A NUMBER OF OTHER SERVICES, ACROSS LOBLAW'S RETAIL NETWORK​.  Full Article

George Weston reports Q3 adjusted earnings per share of $2.14‍​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - George Weston Ltd :George Weston limited reports third quarter 2017 results(2).George Weston Ltd qtrly adjusted earnings per share $2.14‍​.George Weston Ltd qtrly ‍shr $3.25​.George Weston Ltd qtrly sales $14.65 billion versus $14.61 billion.George Weston Ltd - ‍subsequent to end of Q3, Weston Foods announced planned closure of unprofitable facility in U.S..George Weston Ltd - ‍ management expects to make capital investments of approximately $220 million in 2017​ for Weston Foods.George Weston Ltd - ‍performance of frozen business is "not expected to improve materially" in Q4 of 2017 for Weston Foods​.George Weston Ltd - Weston Foods expects closure of unprofitable facility in U.S. to be completed in Q1 of 2018​.George Weston -for 2017, sees growth in net earnings to be driven by net earnings increase at Loblaw, positive impact of increased ownership in Loblaw​.George Weston Ltd - management is "in the process of reviewing the strategy" in light of challenges at frozen foods business.Q3 earnings per share view c$2.15 -- Thomson Reuters I/B/E/S.George Weston Ltd - ‍Weston Foods expects adjusted EBITDA in Q4 of 2017 to trend in a similar fashion to Q3 of 2017 when compared to prior year​.  Full Article

Loblaw says ‍launched a fee-based subscription pilot program
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Loblaw Companies Ltd :Says ‍launched a fee-based subscription Pilot Program, PC Insiders; program availability is expected to expand in 2018​.  Full Article

PRESS DIGEST- Canada - April 3

April 3 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.