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Loblaw Companies Ltd (L.TO)

L.TO on Toronto Stock Exchange

65.88CAD
16 Feb 2018
Change (% chg)

$1.16 (+1.79%)
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$64.72
Open
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$64.51
Volume
444,650
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501,622
52-wk High
$78.87
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$63.30

Latest Key Developments (Source: Significant Developments)

Loblaw Says Recalling Select PC Black Label Sweet Chipotle Mustard Units
Friday, 5 Jan 2018 04:00pm EST 

Jan 5 (Reuters) - Loblaw Companies Ltd ::LOBLAW - RECALLING SELECT PC BLACK LABEL SWEET CHIPOTLE MUSTARD UNITS DUE TO RISK THAT THEY MAY CONTAIN FOREIGN MATERIAL.  Full Article

Loblaw Companies Enters Automatic Share Purchase Plan
Tuesday, 2 Jan 2018 08:00am EST 

Jan 2 (Reuters) - Loblaw Companies Ltd ::LOBLAW COMPANIES-ENTERED AUTOMATIC SHARE PURCHASE PLAN TO FACILITATE REPURCHASES OF CO'S SHARES UNDER PREVIOUSLY ANNOUNCED NORMAL COURSE ISSUER BID.  Full Article

Competition Bureau closes investigation into allegations of abuse of dominance by Loblaw​
Tuesday, 21 Nov 2017 09:25am EST 

Nov 21 (Reuters) - Competition Bureau::Competition Bureau says it is closing its investigation into allegations of "abuse of dominance" by Loblaw​.‍Competition Bureau says no conclusion of abuse of dominance in its investigation related to Loblaw.Competition Bureau says concluded no further action was warranted​ in relation to investigation.  Full Article

ALLIANCE DATA SYSTEMS' ‍PRECIMA SIGNS LONG-TERM AGREEMENT WITH LOBLAW COS LTD
Tuesday, 21 Nov 2017 07:30am EST 

Nov 21 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA SYSTEMS CORP - ‍PRECIMA SIGNED A NEW LONG-TERM AGREEMENT WITH LOBLAW COMPANIES LIMITED​.ALLIANCE DATA - ‍PRECIMA WILL GIVE DATA TO SUPPORT MARKETING STRATEGY DEVELOPMENT, ALONG WITH A NUMBER OF OTHER SERVICES, ACROSS LOBLAW'S RETAIL NETWORK​.  Full Article

George Weston reports Q3 adjusted earnings per share of $2.14‍​
Tuesday, 21 Nov 2017 06:00am EST 

Nov 21 (Reuters) - George Weston Ltd :George Weston limited reports third quarter 2017 results(2).George Weston Ltd qtrly adjusted earnings per share $2.14‍​.George Weston Ltd qtrly ‍shr $3.25​.George Weston Ltd qtrly sales $14.65 billion versus $14.61 billion.George Weston Ltd - ‍subsequent to end of Q3, Weston Foods announced planned closure of unprofitable facility in U.S..George Weston Ltd - ‍ management expects to make capital investments of approximately $220 million in 2017​ for Weston Foods.George Weston Ltd - ‍performance of frozen business is "not expected to improve materially" in Q4 of 2017 for Weston Foods​.George Weston Ltd - Weston Foods expects closure of unprofitable facility in U.S. to be completed in Q1 of 2018​.George Weston -for 2017, sees growth in net earnings to be driven by net earnings increase at Loblaw, positive impact of increased ownership in Loblaw​.George Weston Ltd - management is "in the process of reviewing the strategy" in light of challenges at frozen foods business.Q3 earnings per share view c$2.15 -- Thomson Reuters I/B/E/S.George Weston Ltd - ‍Weston Foods expects adjusted EBITDA in Q4 of 2017 to trend in a similar fashion to Q3 of 2017 when compared to prior year​.  Full Article

Loblaw says ‍launched a fee-based subscription pilot program
Monday, 20 Nov 2017 01:00pm EST 

Nov 20 (Reuters) - Loblaw Companies Ltd :Says ‍launched a fee-based subscription Pilot Program, PC Insiders; program availability is expected to expand in 2018​.  Full Article

Loblaw to begin Instacart home delivery of groceries - Conf Call‍​
Wednesday, 15 Nov 2017 10:38am EST 

Nov 15 (Reuters) - Loblaw Companies Ltd ::Will begin Instacart home deliveries on Dec 6 in Toronto, then Vancouver in January, expanding rapidly to new markets in 2018 - Conf Call‍​.The front of store business, the Shopper Drug Mart "continues to be a real source of strength" for the company - Conf Call‍​.  Full Article

Loblaw ‍plans to create PC optimum program
Wednesday, 8 Nov 2017 07:00am EST 

Nov 8 (Reuters) - Loblaw Companies Ltd ::Loblaw Companies Ltd ‍plans to create PC optimum program, combining Pharmaprix Optimum and PC Plus programs on February 1, 2018​.Says ‍through single card/app, members will be able to earn and redeem loyalty points across stores, e-commerce sites​.  Full Article

‍Loblaw Companies says co, George Weston confirmed they are aware of an industry-wide investigation by the competition bureau​
Tuesday, 31 Oct 2017 04:40pm EDT 

Oct 31 (Reuters) - Loblaw Companies Ltd :‍Loblaw Companies - co, George Weston confirmed that they are aware of an industry-wide investigation by the competition bureau​.  Full Article

President's Choice Bank announced mutual agreement to end 20-yr relationship with CIBC​
Wednesday, 16 Aug 2017 08:00am EDT 

Aug 16 (Reuters) - Loblaw Companies Ltd :President's Choice Bank -announced a mutual agreement to end its 20-year relationship with CIBC​.  Full Article

BRIEF-Loblaw Companies Supports Choice Properties REIT's Acquisition Of Canadian Real Estate Investment Trust

* LOBLAW COMPANIES LIMITED SUPPORTS CHOICE PROPERTIES REIT'S ACQUISITION OF CANADIAN REAL ESTATE INVESTMENT TRUST Source text for Eikon: