LOBLAW COMPANIES $61.92 – Toronto symbol L

LOBLAW COMPANIES $61.92 (Toronto symbol L; Shares outstanding: 412.5 million; Market cap: $25.6 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) is Canada’s largest food retailer, with about 1,200 stores. Its banners include Loblaws, Provigo, Fortinos, Real Canadian Superstore and No Frills. George… Read More

Loblaw builds on its success

Target’s exit from Canada means less competition for Loblaw, but the company still plans to aggressively expand and improve its stores. This year, it will spend $1.2 billion to build 50 new outlets, renovate 100 others, improve its online presence and further upgrade its warehousing… Read More

LOBLAW COMPANIES LTD. $48 – Toronto symbol L

LOBLAW COMPANIES LTD. $48 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 412.7 million; Market cap: $19.8 billion; Price-to-sales ratio: 0.4; Dividend yield: 2.0%; TSINetwork Rating: Above Average; www.loblaw.ca) is Canada’s largest food retailer, with roughly 1,200 stores. Its banners include Loblaws, Provigo,… Read More

LOBLAW COMPANIES $60.00 – Toronto symbol L

LOBLAW COMPANIES $60.00 (Toronto symbol L; Shares outstanding: 412.7 million; Market cap: $25.2 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) is Canada’s largest food retailer, with about 1,200 stores. Its banners include Loblaws, Provigo, Fortinos, Real Canadian Superstore and No Frills. George Weston… Read More

Shoppers purchase boosts Loblaw

Growing by acquisition can add risk, but Loblaw continues to successfully integrate its huge Shoppers Drug Mart purchase. By cutting overlapping functions, it now expects to save $300 million annually by the end of the third year. The acquisition also gives Loblaw a great opportunity… Read More

LOBLAW COMPANIES LTD. $56 – Toronto symbol L

LOBLAW COMPANIES LTD. $56 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 413.5 million; Market cap: $23.2 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.8%; TSINetwork Rating: Above Average; www.loblaw.ca) is Canada’s largest food retailer, with about 1,200 stores. Its banners include Loblaws,… Read More

Two growth plans, two buys

Loblaw and Metro (see next article) are dealing with competition from U.S. retailers like Wal-Mart and Target in different ways: Loblaw has increased its market share by acquiring Shoppers Drug Mart, while Metro aims to make its existing stores more profitable. Both strategies should pay… Read More

LOBLAW COMPANIES $53.05 – Toronto symbol L

LOBLAW COMPANIES $53.05 (Toronto symbol L; Shares outstanding: 413.9 million; Market cap: $21.9 billion; TSINetwork Rating: Above Average; Dividend yield: 1.9%; www.loblaw.ca) is Canada’s largest food retailer, with about 1,200 stores. Its banners include Loblaws, Provigo, Fortinos, Real Canadian Superstore and No Frills.

In March 2014,… Read More

Shoppers Drug takeover benefits both

LOBLAW COMPANIES $53.05 (Toronto symbol L; Shares outstanding: 413.9 million; Market cap: $21.9 billion; TSINetwork Rating: Above Average; Dividend yield: 1.9%; www.loblaw.ca) is Canada’s largest food retailer, with about 1,200 stores. Its banners include Loblaws, Provigo, Fortinos, Real Canadian Superstore and No Frills.

In March… Read More