Loblaw Companies Limited

L

CA5394811015

Food Retail & Distribution

Market Closed - Toronto S.E. Other stock markets 03:59:59 2024-04-29 pm EDT			5-day change	1st Jan Change
152.6 ^CAD	+0.17%		+1.36%	+18.98%

Apr. 29	Loblaw Price Target Raised to $157 at Desjardins	MT
Apr. 26	Documents Reveal Canada Federal Govt's Efforts to Get Loblaw, Walmart On Board With Grocery Code	MT

Loblaw Companies Limited : Canada's Competition Bureau to review Loblaw's bid for Shoppers

July 15, 2013 at 10:22 am EDT

MarketScreener.com By The editorial team

TORONTO (Reuters) - Canada's Competition Bureau said on Monday it will review Loblaw's proposed C$12.4 billion ($11.9 billion) acquisition of Shoppers Drug Mart, and that it was difficult to say how long the review would take.

The watchdog's mandate allows it to block deals that would likely result in a substantial lessening of competition.

($1 = $1.0391 Canadian)

(Reporting by Alastair Sharp; Editing by Jeffrey Hodgson)

Stocks treated in this article : Loblaw Companies Limited, Shoppers Drug Mart Corporation

Latest news about Loblaw Companies Limited

Loblaw Price Target Raised to $157 at Desjardins	Apr. 29	MT
Documents Reveal Canada Federal Govt's Efforts to Get Loblaw, Walmart On Board With Grocery Code	Apr. 26	MT
Choice Properties Real Estate Investment Trust (TSX:CHP.UN) completed the acquisition of Toronto, ON retail property from Loblaw Companies Limited (TSX:L) for CAD 38.4 million.	Apr. 23	CI
RBC Raises Price Target on Top Pick Loblaw	Apr. 23	MT
RBC Anticipates Soft Consumer Spending in H1, Favours Dollarama, Loblaw	Apr. 19	MT
Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- 2nd Update	Apr. 18	DJ
Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- Update	Apr. 18	DJ
Well Health Moving To Expand its Canadian Clinic Network with Acquisition of 10 Clinic from Shoppers Drug Mart	Apr. 16	MT
Well Health Brief: Moving To Expand its Canadian Clinic Network with Acquisition from Shoppers Drug Mart Inc. of Medical Clinics	Apr. 16	MT
National Bank Previews Loblaw's Q1 -- Maintains Outperform, Raises Target to $156	Apr. 15	MT
Milan in slight red; Azimut and Poste in spurt	Apr. 04	AN
Milan slows down despite good PMI data	Apr. 04	AN
Futures down; China services sector accelerates	Apr. 03	AN
George Weston and Loblaw Both Enter into Automatic Share Purchase Plans	Mar. 22	MT
George Weston Brief: Entering into Automatic Share Purchase Plan	Mar. 22	MT
Loblaw Brief: Entering into Automatic Share Purchase Plan	Mar. 22	MT
DBRS Rates Loblaw's New Debt Issuance	Mar. 04	MT
Loblaw Brief: Says Completed Issuance of $400 Million In Senior Unsecured Notes	Mar. 04	MT
Loblaw Companies Limited Completes Issuance of $400 Million of Senior Unsecured Notes	Mar. 04	CI
Loblaw Companies Limited announced that it has received CAD 400 million in funding	Mar. 03	CI
Loblaw Reports $400 Million Private Placement	Feb. 29	MT
Loblaw Companies Limited Agrees to Issue, on Private Placement Basis, $400 Million Aggregate Principal Amount of Senior Unsecured Notes	Feb. 28	CI
George Weston Brief: Q4 Adjusted diluted net earnings per common share from continuing operations were $2.51, a decrease of $0.08 per common share, or 3.1%	Feb. 28	MT
George Weston Brief: Says Full-year revenue tops $60 billion milestone and corporate free cash flow increases to $1.3 billion	Feb. 28	MT
George Weston Brief: Q4 Revenue was $14,700 million, an increase of $558 million, or 3.9%	Feb. 28	MT

Chart Loblaw Companies Limited

Duration

Period

More charts

Company Profile

Loblaw Companies Limited is a Canada-based food and pharmacy retailer. The Company provides grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. The Companyâs segments include Retail and Financial Services. The Retail segment consists primarily of corporates and franchise-owned retail food and Associate-owned drug stores, which includes in-store pharmacies, health care services and other health and beauty products, apparel and other general merchandise. The Financial Services segment provides credit card and everyday banking services, the PC Optimum Program, insurance brokerage services, and telecommunication services. It has more than 2,400 corporate, franchised and Associate-owned and rewarding. It provides the PC Money, which is an everyday banking product that allows account holders to earn PC Optimum points by making payments. Its brands include Joe Fresh, no name, President's Choice and others.

Sector

Food Retail & Distribution

Calendar

2024-05-01 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Loblaw Companies Limited

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

152.6 CAD

Average target price

156.3 CAD

Spread / Average Target

+2.40%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Retail & Distribution

	1st Jan change	Capi.
LOBLAW COMPANIES LIMITED	+18.98%	34.16B
WALMART INC.	+14.63%	486B
KROGER CO. (THE)	+21.57%	40.1B
SYSCO CORPORATION	+5.59%	38.44B
AHOLD DELHAIZE N.V.	+8.05%	28.68B
WOOLWORTHS GROUP LIMITED	-14.57%	25.5B
TESCO PLC	+0.52%	25.54B
GEORGE WESTON LIMITED	+11.82%	18.02B
AEON CO., LTD.	+4.38%	17.96B
CP ALL	+1.34%	13.77B

Other Food Retail & Distribution