Loblaw on Wednesday said third-quarter earnings were up by 16.9% on increased sales in its food and drug divisions.
Sales for period, which ended Oct. 10, totaled $10.5 billion (U.S.), an increase of 2.6% from the same period last year. Net earnings totaled $124.7 million (U.S.).
Same store sales in food increased by 3.1% and by 4.5% in drugstores, Loblaw said.
In a conference call discussing results, G