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Last $54.50 USD
Change Today +0.58 / 1.08%
Volume 1.4K
LBLCF On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Frankfurt
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

loblaw companies ltd (LBLCF) Snapshot

Open
$54.50
Previous Close
$53.92
Day High
$54.50
Day Low
$54.50
52 Week High
07/31/15 - $54.50
52 Week Low
08/4/14 - $47.46
Market Cap
22.5B
Average Volume 10 Days
3.2K
EPS TTM
--
Shares Outstanding
412.4M
EX-Date
09/11/15
P/E TM
--
Dividend
$1.00
Dividend Yield
1.52%
Current Stock Chart for LOBLAW COMPANIES LTD (LBLCF)

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loblaw companies ltd (LBLCF) Details

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy, health and beauty, apparel, general merchandise, banking, and wireless mobile products and services in Canada and the United States. It operates through three segments: Retail, Financial Services, and Choice Properties. The Retail segment operates retail food and associate-owned drug stores, in-store pharmacies and other health and beauty products, gas bars, and apparel, and other general merchandise stores; and offers label programs, including the President’s Choice1, Life Brand, no name, and Joe Fresh brands. This segment also offers various loyalty programs, such as PC Plus, and Shoppers Optimum/Pharmaprix Optimum to consumers for shopping at its stores. The Financial Services segment provides credit card services, loyalty programs, personal banking services, deposit taking services, and telecommunication services, as well as home, auto, travel, life, and pet insurance services. The Choice Properties segment owns, develops, leases, and manages commercial properties. The company was founded in 1956 and is headquartered in Brampton, Canada.

192,000 Employees
Last Reported Date: 07/23/15
Founded in 1956

loblaw companies ltd (LBLCF) Top Compensated Officers

Executive Chairman, President, Member of Mana...
Total Annual Compensation: C$1.0M
Chief Financial Officer
Total Annual Compensation: C$600.4K
Chief Operating Officer and Member of Managem...
Total Annual Compensation: C$641.7K
President of Shoppers Drug Mart
Total Annual Compensation: C$713.8K
Executive Vice President of Business Synergie...
Total Annual Compensation: C$521.7K
Compensation as of Fiscal Year 2014.

loblaw companies ltd (LBLCF) Key Developments

Loblaw Companies Limited Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 20, 2015; Provides Earnings Guidance for the Second Half and Full Year 2015

Loblaw Companies Limited announced unaudited consolidated earnings results for the second quarter and six months ended June 20, 2015. For the quarter, revenue was CAD 10,535 million against CAD 10,307 million a year ago. EBITDA was CAD 782 million against LBITDA of CAD 72 million a year ago. Adjusted EBITDA was CAD 857 million against CAD 794 million a year ago. Operating income was CAD 413 million against operating loss of CAD 456 million a year ago. Adjusted operating income was CAD 612 million against CAD 535 million a year ago. Net earnings attributable to shareholders of the company were CAD 185 million against net loss of CAD 456 million a year ago. Adjusted net earnings attributable to shareholders of the company were CAD 350 million against CAD 297 million a year ago. Basic net earnings per common share were CAD 0.45 against loss per share of CAD 1.13 a year ago. Adjusted basic net earnings per common share were CAD 0.85 against CAD 0.74 a year ago. Adjusted funds from operations were CAD 77 million against CAD 69 million a year ago. Adjusted earnings before taxes were CAD 481 million against CAD 407 million a year ago. Funds from operations were CAD 96 million against CAD 34 million a year ago. Earnings before income taxes were CAD 307 million against CAD 606 million a year ago. Cash flows from operating activities were CAD 930 million against CAD 959 million a year ago. Fixed asset purchases were CAD 178 million against CAD 201 million a year ago. Intangible asset additions were CAD 43 million against CAD 38 million a year ago. For the six months, revenue was CAD 20,583 million against CAD 17,599 million a year ago. EBITDA was CAD 1,566 million against LBITDA of CAD 399 million a year ago. Adjusted EBITDA was CAD 1,646 million against CAD 1,276 million a year ago. Operating income was CAD 827 million against operating loss of CAD 180 million a year ago. Adjusted operating income was CAD 1,155 million against CAD 822 million a year ago. Net earnings attributable to shareholders of the company were CAD 331 million against net loss of CAD 336 million a year ago. Adjusted net earnings attributable to shareholders of the company were CAD 651 million against CAD 450 million a year ago. Basic net earnings per common share were CAD 0.80 against loss per share of CAD 0.98 a year ago. Adjusted basic net earnings per common share were CAD 1.58 against CAD 1.32 a year ago. Adjusted funds from operations were CAD 152 million against CAD 138 million a year ago. Adjusted earnings before taxes were CAD 893 million against CAD 606 million a year ago. Funds from operations were CAD 190 million against CAD 121 million a year ago. Earnings before income taxes were CAD 529 million against CAD 445 million a year ago. Cash flows from operating activities were CAD 1,447 million against CAD 913 million a year ago. Fixed asset purchases were CAD 382 million against CAD 305 million a year ago. Intangible asset additions were CAD 70 million against CAD 51 million a year ago. The company's full year 2015 guidance on interest has declined to approximately CAD 560 million as rates and the company's level of indebtedness decreases. Maintain positive same-store sales and stable gross margin (excluding synergies) in the Retail segment; Grow adjusted operating income in its food retail business, excluding synergies, and experience a decline in adjusted operating income in its drug retail business, excluding synergies, as a result of investments in key projects and other factors; Grow consolidated adjusted net earnings available to common shareholders relative to 2014, however not at the same level achieved in the first half of 2015; Invest approximately CAD 1,200 million in capital expenditures; and Achieve its deleveraging target in 2015. Looking to the second half of 2015, the company do not expects growth in earnings to be at the same level as in the first half of the year. Expected headwinds from both known and unknown health care reforms, increased labor costs and cycling of last year's strong synergy performance will reduce year-over-year growth in earnings in the second half.

Loblaw Companies Limited Declares Quarterly Dividend on Common Shares, Payable on October 1, 2015 ; Declares Dividend on Second Preferred Shares, Series B, Payable on September 30, 2015

The board of directors of Loblaw Companies Limited declared a quarterly dividend of $0.250 per common share, payable on October 1, 2015 to shareholders of record on September 15, 2015. The board declared dividend on the Second Preferred Shares, Series B of $0.41 per share payable on September 30, 2015 to shareholders of record on September 15, 2015.

Loblaw Companies Limited Plans to Close 52 Unprofitable Retail Locations Across Range of Banners and Formats

Loblaw Companies Limited announced that the company finalized a restructuring plan that will result in the closure of approximately 52 unprofitable retail locations across a range of banners and formats. The company expects that the closures will take place over the next 12 months. The company expects approximately $70 million to be recognized in the third quarter of 2015, with the remainder expected to be incurred as stores close.

 

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Industry Analysis

LBLCF

Industry Average

Valuation LBLCF Industry Range
Price/Earnings 38.9x
Price/Sales 0.6x
Price/Book 2.1x
Price/Cash Flow 38.1x
TEV/Sales 0.3x
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