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

Loblaw has many ways to grow

We’re generally skeptical of companies that use acquisitions to expand. That’s because even the most promising purchases can come with hidden problems and costs that offset the extra sales and earnings they bring. However, we feel Loblaw’s recent purchase of Shoppers Drug Mart sets it… Read More

Strategy shift pays off for Loblaw

LOBLAW COMPANIES LTD. $33 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 274.2 million; Market cap: $9 billion; Price-to-sales ratio: 0.3; SI Rating: Above Average) is Canada’s largest supermarket operator, with over 1,000 stores. The company’s major banners include Loblaws, Real Canadian Superstore,… Read More

Updates on Loblaw Companies and Torstar

LOBLAW COMPANIES $32.04 (Toronto symbol L; SI Rating: Above average) is Canada’s largest food seller, with about 1,500 stores under the Loblaws, Fortinos, No Frills, Provigo and Zehrs banners. It also distributes groceries to other stores. George Weston Ltd. owns 63% of Loblaw’s shares.

The company… Read More

Loblaw Companies Ltd. $50 – Toronto symbol L

LOBLAW COMPANIES LTD. $50 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 274.2 million; Market cap: $13.7 billion; SI Rating: Above average) is Canada’s largest supermarket operator, with over 1,500 stores under several banners including Loblaws, No Frills and Provigo.

In the past few… Read More