Picture of Loblaw Companies logo

L — Loblaw Companies News Story

0.000.00%
ca flag iconLast trade - 00:00
Consumer DefensivesConservativeLarge CapHigh Flyer

Canada's Loblaw down after quarterly revenue miss

** Shares of Canadian retailer Loblaw L.TO down ~3% at C$65.76

** Co misses Q4 revenue estimates, signaling consumers are turning cautious and more discerning in their spending pattern as tariff uncertainty hovers

** Posts Q4 revenue of C$16.38 billion ($11.96 billion), compared with analysts' estimates of C$16.77 billion- data compiled by LSEG

** Reports adjusted profit of 67 Canadian cents vs estimates of 66 Canadian cents

** Expects annual adjusted net earnings per share to grow in the high single-digits, compared with analysts' expectations of a 7.9% rise to C$2.61

** Stock rose 31% in 2025

($1 = 1.3700 Canadian dollars)

 (Reporting by Koyena Das in Bengaluru)

 ((koyena.das@thomsonreuters.com))

Recent news on Loblaw Companies

See all news