Profits soar for Loblaw as market dynamics shift

Date : 05 May 2022

Stewart Samuel

Program Director - Canada

Loblaw delivered a solid sales performance in Q1 against tough comparables from last year. But the real story is the growth in profitability, with net earnings soaring by 40%. We look at what’s behind these results. Q1 key numbers Total revenue increased 3.3% to $12,262m Retail segment…
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