Wednesday, November 17, 2021

Loblaws sales flat, profits up

Loblaws reports a two per cent increase in sales to $16 billion for its third quarter, and profits that increased to $431 million from $342 million for the same quarter last year.

Loblaws financial report includes Shoppers Drug Mart and a number of other supermarket names, such as Zehr’s, No Frills, Provigo, Real Canadian Superstore and T&T.


It is Canada’s largest grocery retailer and is farmers’ route to more than a third of Canadian households.