Latest news with #LoblawCompanies
Daily Mail
03-06-2025
- Business
- Daily Mail
Loblaw warns Canadians of price hikes
Canadians should brace for more expensive groceries. Loblaw Companies Limited, a major Canadian retailer, warns that prices on everyday essentials will continue to climb. This is largely due to the impact of U.S. President Donald Trump's tariffs, which are increasing costs for goods imported from the United States. Loblaw Companies Limited, parent company of major Canadian grocery chains like Loblaws, No Frills, and Real Canadian Superstore, released its May food inflation report on Tuesday, May 27. The report indicates that thousands of everyday items are set to rise in price. While this isn't welcome news for Canadians struggling with grocery bills, the retailer noted that the increases could have been even more severe. Loblaw has indicated that recent government actions, specifically a six-month reprieve on tariffs for certain U.S. food manufacturing and packaging imports, are helping to prevent a drastic surge in grocery prices. The stabilization of the Canadian dollar is also contributing to mitigating the risk of a sharp or prolonged spike in food inflation. Loblaw has confirmed that the Canadian government's recent decision to exempt 'indirect tariffs' on certain US imports will help stabilize food prices. This applies to products like chocolate chips or peanuts, which are used as ingredients in goods manufactured in Canada. Previously, these indirect tariffs were a significant concern for food costs due to the widespread use of imported components in Canadian-made products. With this change, only final products imported from the US will now be subject to tariffs, offering relief across a substantial number of items on supermarket shelves. Despite some relief, Loblaw states that tariffs continue to apply to thousands of different items, including a wide range of food products imported from the U.S. This impacts categories such as produce, rice, pasta, dairy, and coffee, alongside health and wellness products like soap, shampoo, and cosmetics. Loblaw estimates that consumers can expect tariff-related price increases on approximately 6,000 items in a conventional grocery store, with roughly half of these being food products.
Hamilton Spectator
14-05-2025
- Business
- Hamilton Spectator
Grocery Business Hall of Fame announces 2025 inductees
TORONTO, May 14, 2025 (GLOBE NEWSWIRE) — Grocery Business Hall of Fame has announced the names of the individuals being honoured for contributions to the grocery industry and the communities they serve. Selected by a Grocery Business industry committee, the 2025 Grocery Business Hall of Fame inductees are being recognized for their service to the industry and for their commitment to supporting the growth of the grocery sector in Canada. This year, the Grocery Business Hall of Fame celebrates 18 people: two retailers, five suppliers, two industry stewards, and nine legends. Grocery Business Hall of Fame Class of 2025 Retailers Frank Gambioli, Loblaw Companies Pierre St-Laurent, Sobeys Suppliers John Anderson, Oppy Joe Dal Ferro, Finica Fine Foods Tony Luongo, Concord National/Indigo Natural Products Robert Shapiro, Robert Shapiro & Associates Ralph Younes, Unico/Primo Industry Stewardship Sylvie Cloutier, Food Transformation Council of Quebec/Conseil de la transformation alimentaire du Québec (CTAQ) Gary Sands, Canadian Federation of Independent Grocers (CFIG) Legends Elizabeth (Liz) Beemer, Bayer (retired) Serge Darkazanli, Loblaw Companies (retired) Mark Guay, PepsiCo Foods (retired) Clarence Heppell, (Overwaitea Food Group, now Pattison Food Group, posthumous) Grant Heimpel, Zehrs (posthumous) Duncan Reith, Sobeys, A&P Canada/Miracle Food Mart (retired) Michael Rinaldi, Loblaw Companies (formerly) Paul Uys, Loblaw Companies (retired) Steve van der leest, Overwaitea Food Group (now Pattison Food Group, retired) The Grocery Business Hall of Fame was launched in 2021 and recognizes the achievements of current and past retailers and suppliers. The grocery industry is an important contributor to the Canadian economy and an essential service for communities across the country. There are more than 17,000 grocery and food retail stores across the country employing an estimated 400,000 people that generated sales of more than $156 billion in 2023. Profiles of this year's honourees will be published in the July/August issue of Grocery Business . If you are interested in nominating someone for the 2026 Grocery Business Hall of Fame, submit names at Grocery Business Hall of Fame online at Hall of Fame Nomination - Grocery Business Magazine where you can also read about past recipients. Contact: Mary Scianna Grocery Business Editorial Director (905) 430-9990 marys@ A photo accompanying this announcement is available at
Hamilton Spectator
10-05-2025
- General
- Hamilton Spectator
Loblaw garden centres are opening across Ontario. Here's how to be sure you're buying native plants
With Victoria Day weekend fast approaching, seasonal garden centres across Ontario are ramping up operations in anticipation of a new growing season. The traditional frost season is coming to an end. It's a good time to think about adding annuals, perennials, bulbs or other transplants to your garden. World Wildlife Fund Canada's (WWF-Canada) native plant program and the Loblaw Companies are teaming up to make native plants more accessible for Ontario gardeners. Native plants help Canadian wildlife and can help to create a beautiful, low-maintenance garden, WWF-Canada notes. Native plants have evolved alongside local conditions, so they're easier to grow and keep healthy. These colourful plants will impress your neighbours and they also attract pollinators like bees and butterflies. Loblaw Companies have 142 select garden centres across Ontario and Quebec that are partnering with WWF-Canada's native plant program. Customers can choose native plants by watching for a tag featuring the WWF panda logo. Plants featuring the WWF tag share the following traits: Native plants are considered the gold standard for attracting pollinators and restoring wildlife habitats, whether grown in a garden or in pots on a patio or balcony, WWF-Canada notes. Native plants support a wide range of insects, birds and mammals. They also help to create healthy soil ecosystems and clean water. Native plants are hardy and low maintenance. Native perennials are also resilient to climate change and support wildlife. WWF-Canada spokesperson Kate Landry said growing native plants is a win-win. 'They add beauty to our outdoor spaces just like other plants, but native plants are also important for local wildlife like hummingbirds, butterflies and bumble bees, providing the food and shelter that they need,' Landry stated in a news release. 'These plants are sourced from local growers, so this program also supports Canadian businesses. We're proud to work on this initiative with Loblaw for the sixth consecutive year to achieve these benefits for wildlife and for people in our communities.' Gardeners can join WWF-Canada's re:grow initiative by following an online step-by-step guide. By growing native plants, you can create, restore and steward habitat for wildlife and help to remove carbon from the atmosphere. The national how-to website offers tips for growing native plants. It also tracks users' collective impact on biodiversity and climate. Along with expert tips, gardeners can also earn a chance to win prizes.
Yahoo
04-05-2025
- Business
- Yahoo
Loblaw Companies' (TSE:L) Upcoming Dividend Will Be Larger Than Last Year's
The board of Loblaw Companies Limited (TSE:L) has announced that it will be paying its dividend of CA$0.5643 on the 1st of July, an increased payment from last year's comparable dividend. Despite this raise, the dividend yield of 1.0% is only a modest boost to shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Before making this announcement, Loblaw Companies was easily earning enough to cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business. Over the next year, EPS is forecast to expand by 30.7%. If the dividend continues on this path, the payout ratio could be 23% by next year, which we think can be pretty sustainable going forward. View our latest analysis for Loblaw Companies The company has an extended history of paying stable dividends. The annual payment during the last 10 years was CA$0.98 in 2015, and the most recent fiscal year payment was CA$2.26. This means that it has been growing its distributions at 8.7% per annum over that time. Dividends have grown at a reasonable rate over this period, and without any major cuts in the payment over time, we think this is an attractive combination as it provides a nice boost to shareholder returns. The company's investors will be pleased to have been receiving dividend income for some time. Loblaw Companies has impressed us by growing EPS at 19% per year over the past five years. Growth in EPS bodes well for the dividend, as does the low payout ratio that the company is currently reporting. Overall, a dividend increase is always good, and we think that Loblaw Companies is a strong income stock thanks to its track record and growing earnings. Distributions are quite easily covered by earnings, which are also being converted to cash flows. All of these factors considered, we think this has solid potential as a dividend stock. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. Taking the debate a bit further, we've identified 1 warning sign for Loblaw Companies that investors need to be conscious of moving forward. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
30-03-2025
- Business
- Yahoo
Loblaw Companies Limited's (TSE:L) Stock Been Rising: Are Strong Financials Guiding The Market?
Most readers would already know that Loblaw Companies' (TSE:L) stock increased by 4.9% over the past three months. Given its impressive performance, we decided to study the company's key financial indicators as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Loblaw Companies' ROE today. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Loblaw Companies is: 20% = CA$2.3b ÷ CA$11b (Based on the trailing twelve months to December 2024). The 'return' refers to a company's earnings over the last year. That means that for every CA$1 worth of shareholders' equity, the company generated CA$0.20 in profit. View our latest analysis for Loblaw Companies We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. At first glance, Loblaw Companies seems to have a decent ROE. Especially when compared to the industry average of 13% the company's ROE looks pretty impressive. This probably laid the ground for Loblaw Companies' moderate 16% net income growth seen over the past five years. Next, on comparing with the industry net income growth, we found that Loblaw Companies' growth is quite high when compared to the industry average growth of 3.7% in the same period, which is great to see. Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about Loblaw Companies''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. With a three-year median payout ratio of 26% (implying that the company retains 74% of its profits), it seems that Loblaw Companies is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered. Moreover, Loblaw Companies is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Upon studying the latest analysts' consensus data, we found that the company is expected to keep paying out approximately 23% of its profits over the next three years. As a result, Loblaw Companies' ROE is not expected to change by much either, which we inferred from the analyst estimate of 22% for future ROE. On the whole, we feel that Loblaw Companies' performance has been quite good. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
