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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
Tel: N/A
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: $61,345M 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: 310,444,792 as of Feb 16, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization