Loblaw Companies Ltd T.L

Alternate Symbol(s): LBLCF | T.L.PR.B | LBLPF

Loblaw Companies Limited is a Canada-based food and pharmacy retailer. The Company provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services. The Company’s segments include Retail and Financial Services. The Retail segment consists primarily of corporates and franchise-owned retail food and Associate-owned drug stores, which includes in-store pharmacies, health care services and other health and beauty products, apparel and other general merchandise. The Financial Services segment provides credit card and everyday banking services, the PC Optimum Program, insurance brokerage services, and telecommunication services. Its brands include Joe Fresh, no name, President's Choice and others.

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Loblaw Companies Ltd

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Comment by VerusSemperSorson Feb 23, 2018 9:26am

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Post# 27608189

RE:Aphria to supply medical marijuana to Shoppers Drug Mart

Are people aware that L is a MMJ stock? Not yet it would seem, as their PE is about 15.

Normal PE for a MJ stock is something in the neighbourhood of infinity.

What should be the PE for a large food, drug & MJ company be? I'm not sure. Probably less than infinity, but much more than 15.

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