The grocery and drugstore retailer says its net earnings available to common shareholders totalled $556 million or $1.69 per diluted share for the quarter ended Oct. 8. The result was up from $431 million or $1.27 per diluted share in the same quarter last year.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Food retail same-stores sales rose 6.9 per cent, while drug store same-store sales added 7.7 per cent. On an adjusted basis, Loblaw says it earned $2.01 per diluted share, up from an adjusted profit of $1.59 per diluted share a year ago. Analysts on average had expected a profit of $1.96 per share and $16.85 billion in revenue, according to estimates compiled by financial markets data firm Refinitiv.
Shocked I say, shocked there is gambling going on here!
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Loblaw Companies Ltd. reports Q3 profit and revenue up from year agoLoblaw Companies Ltd. reported its third-quarter profit rose about 30 per cent compared with a year ago. Inflation I guess. I thought it was “Inflation” that was driving up the cost? Funny how their profit goes up with the cost of groceries. 🤔
La source: CTVCalgary - 🏆 26. / 68 Lire la suite »
Loblaw Companies Ltd. reports Q3 profit, revenue up from year agoLoblaw Companies Ltd. reported its third\u002Dquarter profit rose about 30 per cent compared with a year ago. Loblaws continues to rape Canadian wallets. A pittance compared to Big Pharma yet crickets! Just think if Big Pharma repaid every penny over 30%. “Inflation”
La source: TheTorontoSun - 🏆 23. / 68 Lire la suite »
Loblaw Companies Ltd. reports Q3 profit and revenue up from year agoBRAMPTON, Ont. — Loblaw Companies Ltd. reported its third-quarter profit rose about 30 per cent compared with a year ago. The grocery and drugstore retailer says its net earnings available to common shareholders totalled $556 million or $1.69 per diluted share for the quarter ended Oct. 8. The result was up from $431 million or $1.27 per diluted share in the same quarter last year. Revenue totalled $17.39 billion, up from $16.05 billion in its third quarter of 2021. Food retail same-stores sales
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »