Higher costs sink Loblaw Q1 earnings

Costs associated with the acquisition of the Shoppers Drug Mart chain triggered a 39.8% decline in quarterly net earnings, while sales inched up moderately amid intense competition, Loblaw Cos. said Wednesday.

TAGS: News
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.