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Loblaw reports 9.8% quarterly profit boost, hikes dividend 15% (www.theglobeandmail.com)
submitted 2 years ago by to c/canada@lemmy.ca
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Owner of Loblaws, No Frills, Real Canadian Superstore and Shoppers Drug Mart recorded net earnings of $459-million or $1.47 per share in first quarter

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[–] 2 points 2 years ago

That $460M is net earnings available to common stockholders. Their gross profit for FY2023 was over $19bn. https://www.newswire.ca/news-releases/loblaw-reports-2023-fourth-quarter-results-and-fiscal-year-ended-december-30-2023-results-801324857.html

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