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Loblaw Companies Ltd (L.TO)

L.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

QHR says co's shareholders approve plan of arrangement with Loblaw Cos
Wednesday, 5 Oct 2016 05:13pm EDT 

QHR Corp : QHR shareholders approve plan of arrangement with Loblaw Companies Limited .Says arrangement was approved by 92.64% of votes cast by QHR shareholders eligible to vote at meeting.  Full Article

Loblaw agrees to buy Canadian healthcare technology company, QHR
Monday, 22 Aug 2016 07:00am EDT 

Loblaw Companies Ltd: Loblaw enters into agreement to purchase Canadian healthcare technology company, QHR . Deal for $3.10 in cash per each QHR share . Deal for approximately $170 million in aggregate .QHR shareholders who collectively control approximately 23% of QHR, have committed to vote in favor of transaction..  Full Article

Loblaw sees $1.3 billion in 2016 capital expenditures
Wednesday, 27 Jul 2016 06:30am EDT 

Loblaw Companies Ltd : Qtrly adjusted diluted net earnings per common share were $1.01 . Qtrly drug retail (shoppers drug mart) same-store sales growth was 4.0% . Q2 retail segment sales were $10,494 million, an increase of $176 million, or 1.7%, compared to q2 of 2015 . To return capital to shareholders by allocating a significant portion of free cash flow to share repurchases in 2016 . Sees for 2016 approximately $1.3 billion in capital expenditures . Q2 earnings per share view c$0.94, revenue view c$10.75 billion -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view c$3.86, revenue view c$46.57 billion -- Thomson Reuters I/B/E/S . Says . Qtrly revenue was $10,731 million, an increase of $196 million, or 1.9%, compared to q2 of 2015 . Qtrly diluted net earnings per common share were $0.39 . Qtrly food retail (loblaw) same-store sales growth was 0.7%, excluding gas bar . Says recorded an additional charge related to store closures of approximately $43 million in q2 . In 2016 to deliver positive same-store sales and stable gross margin in its retail segment .Says in 2016, company expects to grow adjusted net earnings.  Full Article

Loblaw - Recalling Joe Fresh ® Baby Girls' denim overalls
Friday, 20 May 2016 05:30pm EDT 

Loblaw Companies Ltd : Is voluntarily recalling Joe Fresh ® Baby Girls' Denim Overalls with style code bgu6op1905 . Snaps on garment have potential to be pulled off and may pose a choking hazard to children .One instance of a snap coming off garment has been reported and there have been no reports of injury.  Full Article

Loblaw Companies Ltd says 4 pct increase to quarterly common share dividend
Wednesday, 4 May 2016 06:30am EDT 

Loblaw Companies Ltd:Quarterly common share dividend increased by 4 pct from $0.25 per common share to $0.26 per common share.Payable on July 1, 2016 to shareholders of record on June 15, 2016.  Full Article

Loblaw Companies Ltd - Dole Fresh Vegetables recalls certain pre-packaged products - DATMTR
Wednesday, 27 Jan 2016 03:06am EST 

Loblaw Companies Ltd:Loblaw Companies Limited has announced that Dole Fresh Vegetables Inc., is recalling various pre-packaged chopped salads, salad blends and kits, and leafy green products from the marketplace due to possible Listeria monocytogenes contamination. - DATMTR.Consumers should not consume and distributors, retailers and food service establishments such as hotels, restaurants, cafeterias, hospitals and nursing homes should not sell or use the recalled products. - DATMTR.The affected products have been sold in Ontario, Quebec, New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland and Labrador and may have been sold in other provinces or territories. - DATMTR.This recall applies to all products manufactured from the Dole facility located in Springfield, OH. Affected product can be identified with a product code beginning with the letter "A" in the upper right-hand corner of the package. - DATMTR.There have been no confirmed illnesses associated with the consumption of these products - DATMTR.  Full Article

Loblaw Companies Ltd - Canadian Food Inspection Agency: President's choice brand butter chicken lasagna recalled due to fragments of bone
Friday, 4 Dec 2015 07:53pm EST 

Loblaw Companies Ltd:Food recall warning: President's choice brand butter chicken lasagna recalled due to fragments of bone.Canadian food inspection agency says Loblaw Co is recalling its president's choice brand butter chicken lasagna due to fragments of bone.  Full Article

Loblaw Companies Ltd recalls Life at Home Indoor M5 Multicolour LED Lights - Datamonitor
Thursday, 26 Nov 2015 09:02am EST 

Loblaw Companies Ltd:Loblaw Companies Limited, on behalf of the manufacturer, has voluntarily recalled Life at Home Indoor M5 Multicolour LED Lights Set of 70 with UPC 058703379152 since the products did not meet CSA standards and may pose a fire hazard - DATMTR.  Full Article

Loblaw Companies Ltd to maintain FY 2015 same-store sales guidance
Thursday, 23 Jul 2015 06:30am EDT 

Loblaw Companies Ltd:Says that for FY 2015 it maintain positive same-store sales guidance.  Full Article

Loblaw Companies Ltd declares dividend
Thursday, 23 Jul 2015 06:30am EDT 

Loblaw Companies Ltd:Declared quarterly dividend of $0.250 per common share, payable on Oct. 1 to shareholders of record on Sept. 15 and dividend on Second Preferred Shares, Series B of $0.41 per share payable on Sept. 30, 2015 to shareholders of record on Sept. 15.No dividends were declared on the Second Preferred Shares, Series A.  Full Article

BRIEF-Loblaw reports third quarter 2016 results

* Loblaw Companies Ltd - In 2016, company expects to invest approximately $1.3 billion in capital expenditures, including $1.0 billion in its retail segment