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Grocery and drugstore retailer Loblaw reports Q3 profit and revenue up from year ago
- On Nov. 12, 2025, Loblaw Companies Ltd. reported third-quarter revenue rose 4.6 per cent to $19.4-billion, with net earnings available to common shareholders increasing to $794-million or 66 cents per share.
- Facing high food inflation in recent years, shoppers visited discount stores like No Frills, Maxi and Real Canadian Superstore, and Loblaw opened 19 new discount stores in the quarter.
- Same-Store sales show 2 per cent growth at Loblaw grocery stores and 4 per cent at Shoppers Drug Mart, with pharmacy and health-care sales up 5.9 per cent and e-commerce rising 18 per cent.
- The wind-down of Theodore & Pringle optical business after an agreement with Specsavers Canada Inc. generated one-time expenses of $22-million, while adjusted net earnings rose to $828-mllion or 69 cents per diluted share.
- By expanding clinics, Loblaw is growing healthcare within Shoppers Drug Mart, opening 55 new pharmacy clinics and reshaping Canada’s grocery retail market with pharmacy-driven growth.
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14 Articles
14 Articles
Flin Flon Reminder+2 Reposted by 2 other sources
Discount stores still the (no) name of the game for Loblaw in Q3
·Flin Flon, Canada
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Loblaw posts higher sales and profits as discount-seeking shoppers drive growth
The Canadian retail giant saw sales reach $19.08 billion in the 16 weeks ended Oct. 4, up 4.5 per cent from a year earlier. Its retail gross profit margin climbed to 31.13 per cent, from 30.90 per cent in the same period last year.
·Toronto, Canada
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Loblaw forecasts sales growth as Canadians shop more consciously - CEO North America
Canada’s largest food and pharmacy retailer, Loblaw Companies Limited, announced its third quarter 2025 financial results today, stating it “delivered another quarter of consistent operational and financial performance.” In its earnings release, Loblaw stated, “Canadians recognized its differentiated value, quality, service, and convenience across its nationwide network of stores and digital platforms, driving sales growth of $857 million in the…
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Total News Sources14
Leaning Left6Leaning Right1Center2Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 22%
11%
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