Last C$60.08 CAD
Change Today +0.325 / 0.54%
Volume 834.9K
L On Other Exchanges
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As of 3:59 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

loblaw companies ltd (L) Snapshot

Open
C$59.77
Previous Close
C$59.75
Day High
C$60.78
Day Low
C$59.65
52 Week High
12/1/14 - C$63.27
52 Week Low
02/13/14 - C$41.32
Market Cap
24.8B
Average Volume 10 Days
1.3M
EPS TTM
C$0.53
Shares Outstanding
412.6M
EX-Date
12/11/14
P/E TM
114.2x
Dividend
C$0.98
Dividend Yield
1.62%
Current Stock Chart for LOBLAW COMPANIES LTD (L)

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loblaw companies ltd (L) Details

Loblaw Companies Limited operates as a food retailer and provider of drugstore, general merchandise, and financial products and services primarily in Canada and the United States. It operates through three segments: Retail, Financial Services, and Choice Properties. The Retail segment operates in conventional and discount banners. The conventional banners offer an assortment across various food and complementary categories; and the discount banners deliver a selection of fresh foods, health, apparel, and home needs. It owned store banners include Atlantic Superstore, Box by No Frills, Dominion, Extra Foods, Loblaws, Maxi, Maxi & Cie, Provigo, Provigo Le Marché, Real Canadian Superstore, T&T Supermarket, and Zehrs Markets as well as wholesale outlets operating as Cash & Carry, Presto, and The Real Canadian Wholesale Club. This segment’s franchised and affiliated stores brands comprise Atlantic SaveEasy, Extra Foods, Fortinos, Loblaw City Market, nofrills, Provigo, SuperValu, valu-mart, and Your Independent Grocer. The Financial Services segment provides credit card services, a retail loyalty program, insurance brokerage services, personal banking services, deposit taking services, and telecommunication services comprising gift card and mobile phone services. The Choice Properties segment owns and leases commercial properties. Loblaw Companies Limited also markets control brand products in the food, health and beauty, apparel, and general merchandise categories under brand names, including President’s Choice, PC, no name, Joe Fresh, PC Organics, Blue Menu, PC black label, Club Pack, Free From, The Decadent, PC G.R.E.E.N, PC Nutrition First, Exact, T&T, Teddy’s Choice, Tera Gear, Jump Kids World, and Everyday Essentials. The company was founded in 1956 and is headquartered in Brampton, Canada. Loblaw Companies Limited is a subsidiary of George Weston Limited.

192,000 Employees
Last Reported Date: 11/12/14
Founded in 1956

loblaw companies ltd (L) Top Compensated Officers

Executive Chairman, President, Member of Mana...
Total Annual Compensation: C$1.0M
Chief Operating Officer and Member of Managem...
Total Annual Compensation: C$521.7K
Executive Vice President of Business Synergie...
Total Annual Compensation: C$521.7K
Chief Administrative Officer and Member of Ma...
Total Annual Compensation: C$520.2K
Compensation as of Fiscal Year 2013.

loblaw companies ltd (L) Key Developments

Loblaw Companies Limited Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 4, 2014; Provides Financial Guidance for 2014

Loblaw Companies Limited announced unaudited consolidated earnings results for the third quarter and nine months ended October 4, 2014. For the quarter, the company reported revenue of CAD 13,599 million against CAD 10,009 million a year ago. EBITDA was CAD 835 million against CAD 629 million a year ago. Adjusted EBITDA was CAD 1,001 million against CAD 638 million a year ago. Operating income was CAD 335 million against CAD 375 million a year ago. Adjusted operating income was CAD 669 million against CAD 384 million a year ago. Net earnings were CAD 142 million or CAD 0.34 per basic and diluted share against CAD 150 million or CAD 0.53 per basic and diluted share a year ago. Adjusted net earnings were CAD 371 million or CAD 0.90 per basic share against CAD 205 million or CAD 0.73 per basic share a year ago. Revenue increased by CAD 3,590 million compared to the third quarter of 2013, primarily due to Shoppers Drug Mart. Excluding the impact of Shoppers Drug Mart, consolidated revenue increased by 2.0% primarily due to an increase in the Company's Retail segment, slightly offset by a decrease in revenue in the Financial Services segment. EBITDA was positively impacted by the net gain on store and pharmacy divestitures related to the acquisition of Shoppers Drug Mart (CAD 2 million) and negatively impacted by the recognition of the fair value increment on the acquired Shoppers Drug Mart inventory sold (CAD 107 million), increased restructuring costs (CAD 43 million), increased fixed asset and other related impairments (CAD 6 million) and a fair value adjustment on Shoppers Drug Mart's equity-based compensation liability (CAD 5 million). Adjusted EBITDA increased by CAD 363 million compared to the third quarter of 2013, primarily driven by Shoppers Drug Mart. Operating income was negatively impacted by the amortization of intangible assets of CAD 168 million related to the acquisition of Shoppers Drug Mart and was also impacted by the net factors related to EBITDA. Adjusted operating income increased by CAD 285 million compared to the third quarter of 2013, primarily driven by Shoppers Drug Mart. Excluding the impact of Shoppers Drug Mart, adjusted operating income increased by CAD 10 million and was positively impacted by an increase in adjusted EBITDA in the company's Retail segment and a decrease in depreciation and amortization of CAD 2 million. Net earnings decreased by CAD 8 million compared to the third quarter of 2013, primarily driven by the decrease in operating income, largely offset by the decrease in net interest expense and other financing charges and by the decrease in income taxes. Adjusted net earnings increased by CAD 166 million compared to the third quarter of 2013, primarily driven by higher adjusted operating income, mainly as a result of Shoppers Drug Mart, partially offset by higher net interest and other financing charges after excluding certain items, and the increase in income tax expense on adjusted net earnings. The increase in adjusted net earnings per share was primarily due to the increase in adjusted net earnings, partially offset by the dilutive effect of the 119.5 million common shares issued as partial consideration for the acquisition of Shoppers Drug Mart. For the third quarter of 2014, free cash flow was CAD 216 million compared to negative CAD 5 million in the third quarter of 2013. The increase in free cash flow was primarily due to higher cash flows from operating activities, net of credit card receivables, partially offset by higher interest payments. The higher cash flows from operating activities were primarily due to Shoppers Drug Mart. Cash flows from operating activities was CAD 704 million against CAD 210 million a year ago. Fixed asset purchases were CAD 300 million against CAD 252 million a year ago. Intangible asset additions were CAD 30 million against CAD 3 million a year ago. For the nine months, the company reported revenue of CAD 31,198 million against CAD 24,731 million a year ago. EBITDA was CAD 1,234 million against CAD 1,653 million a year ago. Adjusted EBITDA was CAD 2,286 million against CAD 1,617 million a year ago. Operating income was CAD 155 million against CAD 1,025 million a year ago. Adjusted operating income was CAD 1,500 million against CAD 989 million a year ago. Net loss was CAD 194 million or CAD 0.52 per basic and diluted share against net earnings of CAD 513 million or CAD 1.82 per basic and diluted share a year ago. Adjusted net earnings were CAD 828 million or CAD 2.24 per basic share against CAD 535 million or CAD 1.90 per basic share a year ago. Free cash flow was CAD 597 million against CAD 45 million a year ago. Cash flows from operating activities were CAD 1,617 million against CAD 753 million a year ago. Fixed asset purchases were CAD 638 million against CAD 561 million a year ago. Intangible asset additions were CAD 48 million against CAD 12 million a year ago. For 2014, the company expects its business divisions to achieve financial and operational performance, on an adjusted basis and excluding synergies, in line with 2013 performance trends. The company also remains on track to achieve CAD 100 million in net synergies in the first twelve months following the acquisition of Shoppers Drug Mart.

Loblaw Companies Limited Declares Quarterly Dividend on Common Shares, Payable on December 30, 2014; Declares Dividend on Preferred Shares, Series A, Payable on January 31, 2015

Subsequent to the end of the third quarter of 2014, the Board of Directors of Loblaw Companies Limited declared a quarterly dividend on Loblaw common shares of $0.245 payable on December 30, 2014 to shareholders of record on December 15, 2014 and a dividend on the Second Preferred Shares, Series A of $0.37 per share payable on January 31, 2015 to shareholders of record on January 15, 2015.

Loblaw Company Limited Presents at FICO World 2014 Conference, Nov-11-2014

Loblaw Company Limited Presents at FICO World 2014 Conference, Nov-11-2014 . Venue: San Diego, California, United States. Speakers: Peter Danforth, Director, Customer Analytics.

 

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Price/Earnings NM Not Meaningful
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TEV/Sales 0.2x
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