52
Loblaw reports 9.8% quarterly profit boost, hikes dividend 15% (www.theglobeandmail.com)
submitted 6 months ago by lautan@lemmy.ca to c/canada@lemmy.ca
19 comments fedilink hide all child comments

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

you are viewing a single comment's thread
view the rest of the comments
[-] swordgeek@lemmy.ca 2 points 6 months 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

this post was submitted on 02 May 2024
52 points (98.1% liked)

Canada

7202 readers
339 users here now

What's going on Canada?

Communities

๐Ÿ Meta

๐Ÿ—บ๏ธ Provinces / Territories

๐Ÿ™๏ธ Cities / Local Communities

๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

๐Ÿ’ป Universities

๐Ÿ’ต Finance / Shopping

๐Ÿ—ฃ๏ธ Politics

๐Ÿ Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca

founded 3 years ago
MODERATORS
otter@lemmy.ca