Loblaw Companies Limited (T:L)
Business Focus: Food Retail & Distribution (NEC)
| Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
| Company Contact | |
| Address: | 1 Presidents Choice Circle BRAMPTON ON L6Y 5S5 |
| Tel: | N/A |
| Website: | https://www.loblaw.ca |
| IR: | See website |
| Key People | ||
| Galen G. Weston Executive Chairman of the Board, President | David Markwell Executive Vice President, Chief Technology and Analytics Officer | Richard Dufresne Chief Financial Officer |
| Barry K. Columb President - President'€™s Choice Financial | Ian Freedman President - Joe Fresh | Frank Gambioli President - Discount Division |
| Jeffery Leger President - Shoppers Drug Mart | Greg Ramier President - Market Division | Robert Sawyer Chief Operating Officer | Mark Wilson Chief Human Resource Officer, Executive Vice President |
| Business Overview |
| Loblaw Companies Limited is a Canada-based food and pharmacy retailer. The Company provides grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. The Company's segments include Retail and Financial Services. The Retail segment consists primarily of corporates and franchise-owned retail food and Associate-owned drug stores, which includes in-store pharmacies, health care services and other health and beauty products, apparel and other general merchandise. The Financial Services segment provides credit card and everyday banking services, the PC Optimum Program, insurance brokerage services, and telecommunication services. It has more than 2,400 corporate, franchised and Associate-owned and rewarding. It provides the PC Money, which is an everyday banking product that allows account holders to earn PC Optimum points by making payments. Its brands include Joe Fresh, no name, President's Choice and others. |
| Financial Overview |
| For the fiscal year ended 30 December 2023, Loblaw Companies Ltd revenues increased 5% to C$59.53B. Net income applicable to common stockholders increased 9% to C$2.09B. Revenues reflect Retail segment increase of 5% to C$58.35B, Financial services segment increase of 15% to C$1.54B, Value of Retail Sales-Food increase of 5% to C$41.19B. Net income benefited from Retail segment income increase of 7% to C$3.5B. |
| Employees: | 220,000 as of Dec 30, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $63,785M as of Dec 30, 2023 |
| Annual revenue (TTM): | $59,529M as of Dec 30, 2023 |
| EBITDA (TTM): | $6,598M as of Dec 30, 2023 |
| Net annual income (TTM): | $2,088M as of Dec 30, 2023 |
| Free cash flow (TTM): | $3,153M as of Dec 30, 2023 |
| Net Debt Last Fiscal Year: | $16,221M as of Dec 30, 2023 |
| Shares outstanding: | 308,010,562 as of Apr 22, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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