L.TO - Loblaw Companies Limited

Toronto - Toronto Delayed Price. Currency in CAD
65.91
+1.38 (+2.14%)
At close: 4:00PM EDT
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Previous Close64.53
Open64.54
Bid65.57 x 0
Ask66.02 x 0
Day's Range64.48 - 66.04
52 Week Range62.52 - 70.39
Volume554,131
Avg. Volume505,124
Market Cap24.714B
Beta (3Y Monthly)0.77
PE Ratio (TTM)19.24
EPS (TTM)3.42
Earnings DateNov 14, 2018
Forward Dividend & Yield1.18 (1.84%)
Ex-Dividend Date2018-09-14
1y Target Est78.27
  • CNW Group2 days ago

    Loblaw Obtains Final Order Approving Plan of Arrangement

    Assuming all other customary conditions of the Arrangement are satisfied or waived, Loblaw and GWL expect that the Arrangement will be completed on November 1, 2018 . In the two weeks immediately following closing of the Arrangement, GWL may purchase up to 1.36 million GWL common shares under its existing normal course issuer bid, up to a daily maximum limit of 25% of the actual aggregate trading volume of GWL common shares across all Canadian published markets on each such day.

  • CNW Group3 days ago

    Loblaw Companies Limited Announces Timing of Third Quarter 2018 Earnings Release

    Loblaw Companies Limited Announces Timing of Third Quarter 2018 Earnings Release

  • CNW Group3 days ago

    Loblaw Shareholders Approve Plan of Arrangement to Spin-out Choice Properties REIT

    TORONTO , Oct. 18, 2018 /CNW/ - Today, Loblaw Companies Limited (TSX: L, "Loblaw") and George Weston Limited (TSX: WN, "GWL") announced that at a special meeting of shareholders held earlier today (the "Meeting"), Loblaw shareholders voted in favour of a special resolution approving a plan of arrangement under section 192 of the Canada Business Corporations Act (the "Arrangement") pursuant to which Loblaw will spin out its 61.6% effective interest in Choice Properties Real Estate Investment Trust (TSX: CHP.UN, "Choice Properties REIT").

  • Real Canadian Liquor Store opens doors in Saskatchewan
    CNW Group13 days ago

    Real Canadian Liquor Store opens doors in Saskatchewan

    YORKTON, SK , Oct. 9, 2018 /CNW/ - Today, Loblaw Companies Limited (TSX:L.TO) announced the opening of a Real Canadian Liquor Store in Saskatchewan . " Saskatchewan customers come to our stores looking for outstanding flavours and meal inspiration," said David Harrington , Vice President, Loblaw Companies Limited. Customers in Yorkton will be the first to experience the new store model, which opened this morning in the Real Canadian Superstore on Broadway St. and will provide a range of demonstrations and tasting opportunities for customers.

  • Simply Wall St.13 days ago

    Where Loblaw Companies Limited (TSE:L) Stands In Terms Of Earnings Growth Against Its Industry

    Analyzing Loblaw Companies Limited’s (TSE:L) track record of past performance is a valuable exercise for investors. It enables us to reflect on whether or not the company has met expectations, Read More...

  • CNW Group17 days ago

    Leading Proxy Advisors, ISS and Glass Lewis Recommend that Loblaw Shareholders Vote FOR Loblaw's Spin-Out of Choice Properties REIT

    TORONTO , Oct. 4, 2018 /CNW/ - Loblaw Companies Limited (TSX: L, "Loblaw") and George Weston Limited (TSX: WN, "GWL") are pleased to announce that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two leading independent proxy advisory firms, have recommended that Loblaw shareholders vote FOR the plan of arrangement (the "Arrangement") under which Loblaw will spin out its approximate 61.6% effective interest in Choice Properties Real Estate Investment Trust (TSX:CHP.UN, "Choice REIT"). Loblaw shareholders will be asked to approve the Arrangement at the special meeting of shareholders to be held on Thursday, October 18, 2018 at 11:00 a.m. ( Toronto time) at the Metro Toronto Convention Centre, Meeting Room 714AB, South Building, 222 Bremner Boulevard, Toronto, Ontario .

  • CNW Group18 days ago

    Real Canadian Superstore Launches Same-Day Grocery Delivery Service with Instacart in Winnipeg

    WINNIPEG , Oct. 4, 2018 /CNW/ - Real Canadian Superstore announced today an expansion into Winnipeg to bring home delivery to close to 200,000 households. Winnipeg residents can now order their favorite brands from Real Canadian Superstore and have their groceries and everyday essentials delivered by Instacart straight to their doorsteps in as little as one hour. With Instacart's partnership with Loblaw, the delivery service is now available to more than 50% of Canadian households.

  • Reuters19 days ago

    Loblaw recalls some chicken products on fear of salmonella outbreak - CFIA

    The Canadian Food Inspection Agency said on Tuesday grocery and drugstore chain Loblaw Cos Ltd is recalling certain $10 chicken fries in the wake of a potential Salmonella contamination. The recall was ...

  • ACCESSWIRE25 days ago

    Today's Research Reports on Loblaw Companies, MTY Food Group, Hudson's Bay and Saputo

    NEW YORK, NY / ACCESSWIRE / September 27, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • CNW Group27 days ago

    Loblaw and George Weston File Additional Information Regarding Spin-Out of Choice Properties REIT

    TORONTO , Sept. 24, 2018 /CNW/ - Today, Loblaw Companies Limited (TSX: L, "Loblaw") and George Weston Limited (TSX: WN, "GWL") announced that they have each filed disclosure materials containing additional information relating to the previously announced proposed reorganization by way of plan of arrangement (the "Arrangement") under which Loblaw will spin out its 61.6% interest in Choice Properties Real Estate Investment Trust (TSX:CHP.UN, "Choice Properties"). Loblaw has filed the management proxy circular (the "Circular") for its special meeting at which Loblaw shareholders will be asked to approve the proposed Arrangement. Loblaw shareholders are encouraged to vote as early as possible and in any event prior to 4:00 p.m. ( Toronto time) on October 15, 2018 .

  • Walmart teams up with Instacart for same-day delivery in Canada
    Reuterslast month

    Walmart teams up with Instacart for same-day delivery in Canada

    Walmart's Canada unit said the service, which is part of a pilot program with Instacart, will be available in the Greater Toronto Area from Sept. 13, while customers in Winnipeg can start availing the service later this month. Like in the United States, retailers in Canada have been facing stiff competition from Amazon.com Inc, pushing a lot of them to invest in online sales and home delivery.

  • Reuterslast month

    Walmart teams up with Instacart for same-day delivery in Canada

    Walmart Inc said on Thursday it has teamed up with U.S. home delivery company Instacart to bring some Canadian customers same-day grocery deliveries, raising the stakes in the country's hotly contested retail space. Walmart's Canada unit said the service, which is part of a pilot program with Instacart, will be available in the Greater Toronto Area from Sept. 13, while customers in Winnipeg can start availing the service later this month. Like in the United States, retailers in Canada have been facing stiff competition from Amazon.com Inc, pushing a lot of them to invest in online sales and home delivery.

  • CNW Grouplast month

    Loblaw cleared of tax-avoidance allegation, and will appeal technical ruling

    BRAMPTON, ON , Sept. 10, 2018 /CNW/ - On September 7, 2018 , the Tax Court of Canada issued a ruling for Loblaw Companies Limited (TSX:L.TO) in its decision relating to Glenhuron Bank Limited, a wholly-owned subsidiary of Loblaw that was wound up in 2013.  The Company is providing the following statement in response to the decision. "We are pleased with the court's finding that Loblaw did not take any steps to avoid Canadian tax," said Sarah Davis , President, Loblaw Companies Limited. Loblaw estimates that if it is unsuccessful in its appeal of the decision, it would be required to pay tax and interest of approximately $368 million .  After deducting amounts already paid, the incremental cash payment would be approximately $242 million .

  • Loblaw Grocery Chain Beats Canadian Banks in Credit-Card Survey
    Bloomberglast month

    Loblaw Grocery Chain Beats Canadian Banks in Credit-Card Survey

    Canada’s biggest grocery chain is beating the banks at their own game. Loblaw Cos.’s President’s Choice Financial credit cards rank No. 1 for customer satisfaction, beating out cards issued by the country’s biggest banks, according to a study published Monday by J.D. Power. Despite being Canada’s biggest credit-card issuer, Toronto-Dominion Bank trails the pack.

  • Loblaw Companies Limited (TSE:L): Ex-Dividend Is In 3 Days
    Simply Wall St.last month

    Loblaw Companies Limited (TSE:L): Ex-Dividend Is In 3 Days

    Attention dividend hunters! Loblaw Companies Limited (TSE:L) will be distributing its dividend of CA$0.29 per share on the 01 October 2018, and will start trading ex-dividend in 3 days timeRead More...

  • M&S recruits Loblaw executive to be new digital boss
    Reuters2 months ago

    M&S recruits Loblaw executive to be new digital boss

    LONDON (Reuters) - British retailer Marks & Spencer has recruited a senior Loblaw executive to be its new digital boss, it said on Wednesday. The clothing and food group said Jeremy Pee, currently senior ...

  • Reuters2 months ago

    M&S recruits Loblaw executive to be new digital boss

    British retailer Marks & Spencer has recruited a senior Loblaw executive to be its new digital boss, it said on Wednesday. The clothing and food group said Jeremy Pee, currently senior vice president of Loblaw Companies Limited, Canada's largest retailer, has been appointed to the new role of chief digital & data officer and will join on Dec. 3. Last November M&S set out a five-year transformation program, targeting to make at least a third of its sales online.

  • Reuters2 months ago

    PRESS DIGEST- Canada-Sept 5

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Loblaw Companies Ltd is selling ...

  • CNW Group2 months ago

    Loblaw to spin out its interest in Choice Properties REIT

    TORONTO , Sept. 4, 2018 /CNW/ - Today, Loblaw Companies Limited (TSX:L, "Loblaw") and George Weston Limited (TSX:WN, "GWL") announced a reorganization under which Loblaw will spin out its 61.6% interest in Choice Properties Real Estate Investment Trust (TSX:CHP.UN, "Choice Properties"). Under the spin-out, Loblaw common shareholders other than GWL ("Loblaw Minority Shareholders"), will receive 0.135 of a GWL common share per Loblaw share, which is equivalent to the market value of their pro rata interest in Choice Properties, and GWL will receive Loblaw's 61.6% interest in Choice Properties.

  • Did An Insider Sell Their Shares In Loblaw Companies Limited (TSE:L)?
    Simply Wall St.2 months ago

    Did An Insider Sell Their Shares In Loblaw Companies Limited (TSE:L)?

    Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy, health and beauty, apparel, general merchandise, credit card, insurance brokerage, gift card, and telecommunication services in Canada. Loblaw CompaniesRead More...

  • Associated Press2 months ago

    Canadian province to sue drug companies over opioids

    VANCOUVER, British Columbia (AP) — The Canadian province of British Columbia launched a proposed class-action lawsuit Wednesday against dozens of pharmaceutical companies, alleging they falsely marketed opioids as less addictive than other pain drugs and helped trigger an overdose crisis that has killed thousands.

  • ACCESSWIRE2 months ago

    Today's Research Reports on EnerCare, Canadian Tire, Maple Leaf Foods and Loblaw Companies

    NEW YORK, NY / ACCESSWIRE / August 16, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • GlobeNewswire2 months ago

    DAVIDsTEA Enters Canadian Grocery Market With Loblaw Partnership

    MONTREAL, Aug. 14, 2018-- DAVIDsTEA Inc. is pleased to announce the introduction of some of its iconic flavours in tea sachets at select Loblaw Companies Limited banner locations across Canada. Products ...

  • Pharmaprix Now Offering Even More Food Items, With up to 750 New Fresh Products
    CNW Group2 months ago

    Pharmaprix Now Offering Even More Food Items, With up to 750 New Fresh Products

    MONTRÉAL, Aug. 10, 2018 /CNW Telbec/ - (TSX:L.TO) Today, Pharmaprix is officially launching an innovative new concept called "Zone Marché" at several of its drugstores in the Greater Montréal Area. What is unique about Pharmaprix's "Zone Marché" is the vast assortment of fresh products. With the healthier food options available at Pharmaprix's new "Zone Marché" section, busy customers will be able to quickly and easily pick up the healthy foods they need for their breakfast, lunch or supper.

  • CNW Group2 months ago

    PC Optimum points now available at Esso stations across the country

    BRAMPTON, ON , Aug. 9, 2018 /CNW/ - Starting today, Loblaw Companies Limited (Loblaw) and Imperial Oil (Imperial) are kicking off a new season of savings. Canadians can earn more points in more places – getting rewarded for almost all their everyday purchases of food, beauty products and gas – now that PC Optimum points are available at over 2,000 Esso and Mobil stations across the country.