Loblaw sees flight to value

Date : 28 July 2022

Stewart Samuel

Program Director Americas

We review Loblaw’s Q2 performance as more shoppers visited its discount stores, and the outlook for the second half of the year as it expects inflation to moderate. Q2 key numbers Total revenue increased 2.9% to $12,847m Retail segment sales increased 2.8% to $12,623m, with food up 1.2%…
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