Loblaw Companies Ltd
L: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| dL | LOCK|!X | LOCK|c&V@Zs> |
Loblaw Earnings: Solid Top-Line Growth on Value Focus and Digital Engagement, but Shares Rich
Loblaw's sales grew by 5% in the second quarter on increases of 6% and 4% in food retail and drugstores, respectively. Adjusted EBITDA rose 7% as margins widened 20 basis points to 12.5%.
