Loblaws profits rose from $459 to $503 million for its first fiscal quarter this year.
Revenue came in at $14.1-billion, up from $13.6-billion last year.
It is Canada’s largest supermarket business and has been the target of consumer anger about rising prices at a time when household budgets are pinched.
There was a failed attempt to launch a boycott.
Loblaws and Costco were holdouts, but eventually agreed to join an industry-wide agreement to improve relationships with suppliers who complained about being bullied.
