{"id":278527,"date":"2025-11-12T16:33:08","date_gmt":"2025-11-12T16:33:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/278527\/"},"modified":"2025-11-12T16:33:08","modified_gmt":"2025-11-12T16:33:08","slug":"grocery-and-drugstore-retailer-loblaw-reports-q3-profit-and-revenue-up-from-year-ago","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/278527\/","title":{"rendered":"Grocery and drugstore retailer Loblaw reports Q3 profit and revenue up from year ago"},"content":{"rendered":"\n<p class=\"yf-1090901\">BRAMPTON \u2014 Grocery and drugstore retailer Loblaw Cos. Ltd. reported its third-quarter profit and revenue rose compared with a year ago.<\/p>\n<p class=\"yf-1090901\">The company behind Loblaws and Shoppers Drug Mart says it earned a profit attributable to common shareholders of $794 million or 66 cents per diluted share for the quarter ended Oct. 4.<\/p>\n<p class=\"yf-1090901\">The result compared with a profit of $777 million or 63 cents per diluted share in the same quarter last year.<\/p>\n<p class=\"yf-1090901\">Revenue for the 16-week period totalled $19.40 billion, up from $18.54 billion a year earlier.<\/p>\n<p class=\"yf-1090901\">The company&#8217;s hard discount and Real Canadian Superstore banners outperformed its conventional stores as consumers continue to hunt for value, Loblaw said in a release.<\/p>\n<p class=\"yf-1090901\">Food retail same-store sales were up two per cent, while drug retail same-store sales rose four per cent with pharmacy and health-care same-store sales growth of 5.9 per cent and a gain of 1.9 per cent for front store same-store sales.<\/p>\n<p class=\"yf-1090901\">RBC analyst Irene Nattel said in a note to clients it was &#8220;another solid quarter&#8221; for the company, however, same-store food sales and revenue was &#8220;a string bean shy of forecast.&#8221;<\/p>\n<p class=\"yf-1090901\">On an adjusted basis, Loblaw says its earned 69 cents per diluted share in its latest quarter, up from an adjusted profit of 62 cents per diluted share a year ago.<\/p>\n<p class=\"yf-1090901\">This report by The Canadian Press was first published Nov. 12, 2025.<\/p>\n<p class=\"yf-1090901\">Companies in this story: (TSX: L)<\/p>\n<p class=\"yf-1090901\">The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"BRAMPTON \u2014 Grocery and drugstore retailer Loblaw Cos. Ltd. reported its third-quarter profit and revenue rose compared with&hellip;\n","protected":false},"author":2,"featured_media":278528,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,17762,1415,17763],"class_list":["post-278527","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-diluted-share","tag-loblaw","tag-shoppers-drug-mart"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/278527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=278527"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/278527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/278528"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=278527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=278527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=278527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}