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TSX:L 69.36CAD
+0.94 (+1.37%)
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2020-06-25 Loblaw Companies Limited Announces Timing of Second Quarter 2020 Earnings Release
Loblaw Companies Limited (TSX: L) announced today that it will release its second quarter 2020 results on July 23, 2020 at approximately 6:30 a.m. (ET). The release will be followed by a conference call at 10:00 a.m. (ET), as well as an audio webcast. To access Loblaw's second quarter conference call, please dial (647) 427-7450 or (888) 231-8191. The playback will be made available approximately two hours after the event at (416) 849-0833 or (855) 859-2056, access code: 4096945. To access via audio webcast please go to the "Investor" section of Pre-registration will be available. About Loblaw Companies Limited Loblaw is Canada's food and pharmacy leader, and the nation's largest retailer. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. With more than 2,400 corporate, franchised and Associate-owned locations, Loblaw, its franchisees and Associate-owners...
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2020-04-29 Loblaw Reports 2020 First Quarter Results(1)
Loblaw Companies Limited (TSX: L) ("Loblaw" or the "Company") announced today its unaudited financial results for the first quarter ended March 21, 2020. The Company's 2020 First Quarter Report to Shareholders will be available in the Investors section of the Company's website at and will be filed on SEDAR and available at . Late in the quarter the Company experienced unprecedented consumer demand and stockpiling relating to COVID-19, with sales surging in the final two weeks of March. The result was both a sharp increase in revenue and profit followed by ramp-up in spending to protect and benefit colleagues and customers. The Company continues to invest in its strategic business initiatives and has accelerated some in response to the changing demands of customers. The Company's COVID related investments fall into four areas: Enhancing customer convenience with increased store staff, expanded PC Express e-commerce services and eliminating fees and reducing...
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2020-04-09 Loblaw Companies Limited is Investing to Assist Customers and Colleagues in Confronting COVID-19
 Loblaw Companies Limited ("Loblaw") (TSX: L) today provided an update on its response to the COVID-19 pandemic. As Canada's largest retailer, Loblaw has a vital role to play in helping Canadians by providing continued access to food and pharmacy products and services in almost every community nationwide. As an employer of more than 190,000 colleagues, Loblaw takes very seriously its role in providing a safe and secure work and shopping environment for its colleagues and the thousands of customers who visit its food stores and pharmacies every week. "We are acutely aware of the important role that we can play in assisting Canadians through these difficult times," said Galen Weston, Executive Chairman of Loblaw Companies Limited. "We are continuously making changes to our operations to meet these needs and doing our best to operate our businesses in a way that protects the safety of our colleagues and customers". Beginning in March, Canadians turned to grocery stores and...
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2020-04-04 Loblaw provides $5 million donation to get food and health essentials to Canada’s most vulnerable
Toronto, ON, April 4, 2020 – Loblaw Companies Limited (TSX:L, “Loblaw”) will provide $5 million in gift cards to certain food banks and community charities, including Food Banks Canada , Second Harvest , Community Food Centres Canada and others. Due to COVID-19, these groups are seeing growing community hardship, while also addressing the challenge of social distancing and increased food safety measures. Some are increasingly relying on grocery and drug store gift cards to help community members in need.  Through this new initiative, Loblaw will add an additional $5 million of value, to the $15 million worth of gift card purchases by select charities, increasing their buying power. The cards will be available for use in Loblaw’s 2,500 Shoppers Drug Mart and grocery store locations, including Loblaws, No Frills, Real Canadian Superstore, Your Independent Grocer, Zehrs and more. “Usually our donations quickly become a hot meal at a community food centre or a care package at a...
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