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Loblaw Companies Ltd T.L

Alternate Symbol(s):  LBLCF

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.


TSX:L - Post by User

Post by sbbb2x2on Feb 25, 2021 6:46am
553 Views
Post# 32655670

earnings out

earnings outOverall, I would say results are solid. The increase in retail (using thew 12 weeks) is significant, however will have to have competitive data from Sobeys to see about share.
Looking ahead, 2022, with (hopefully) no Covid expenses, should be a great year. 
They did significant share buyback, however would have liked to see a little bump in the divi.
Overall, expect an uptick in the sp. (I have certainly been wrong before.....)
SBBB
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