Loblaw Companies Ltd
L: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| nd | LOCK|Zw% | LOCK|@>&@%^% |
Loblaw Earnings: Value Offerings and Effective Loyalty Program Buoy Growth, but Shares Rich
Loblaw grew sales by 4.6% in the third quarter, driven by increases of 4.8% and 3.8% in food retail and drugstore, respectively. Adjusted EBITDA rose 7.2% as margins widened 20 basis points to 11.4%. Management raised the 2025 outlook for adjusted EPS growth to low teens from high-single digits.
