Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(}function setPanelState(o){dom.root.classList[o?"add":"remove"](,dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //
Today's Change
Real-Time Last Update TSX Last Sale

Today's Trading

Day Low 63.04
Day High 64.30
Price movement based on the high, low and last over the given period.
Previous Close
52-Week High/Low
Average Volume
Price/Earnings (TTM)
Forward Annual Dividend & Yield
Market Capitalization, $M
5-Day Change

More stories below advertisement

Loblaw is one of Canada's largest grocery, pharmacy, and general merchandise retailers. It operates the most expansive store footprint in Ontario and maintains sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaws, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart. The firm carries a robust private-label assortment, with top sellers like President's Choice and No Name. In addition to its retail operations, Loblaw oversees a financial-services business, which provides credit card services and guaranteed investment certificates, and also operates its PC Optimum loyalty program. The firm's controlling shareholder is George Weston Limited, which owns 52% of the equity.


Market Capitalization, $M
Shares Outstanding, M
36-Month Beta
Earnings Per Share (TTM)
Revenue Growth YoY
Profit Margin
5-Year Avg. Revenue Growth
5-Year Avg. Profit Growth
1-Year Total Return
3-Year Total Return
5-Year Total Return
Price/Earnings (TTM)
Price/Earnings (Forward)
Trailing Annual Dividend & Yield
Forward Annual Dividend & Yield
Most Recent Dividend
Ex-Div Date
Most Recent Split
Return on Common Equity
Return-on-Assets (Before Tax)
Debt-to-Equity Ratio


Corporate earnings are provided from Morningstar, including Income Statements,Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings.

Analyst Research

Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research.

Moderate Buy


A premium report that provides detailed quantitative assessments of earnings, fundamentals, relative valuation, risk, price momentum and more. For subscribers only.


What is this stock worth in intrinsic value? View this premium StockCalc report to see this stock's valuation and how it was calculated using fundamental analysis. For subscribers only.


A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. Available for free with registration.

Latest Press Releases

Xinhua Headlines: AfCFTA commences trading, offering new opportunities for China-Africa cooperation
- Xinhua - Fri Jan 1, 7:35AM CST
Xinhua - CMTX
Fri Jan 1, 7:35AM CST
Trading under the African Continental Free Trade Area (AfCFTA) begins Friday, making it the world's largest free trade area in terms of participating member states after the formation of the World Trade Organization. "It is the start of a new era of trade between African countries," said South African President Cyril Ramaphosa late on Thursday in his New Year message when commenting on the AfCFTA commencement on Jan. 1, 2021.A man sits outside the office building of the African Continental Free Trade Area (AfCFTA) Secretariat in Accra, capital of Ghana, Aug. 17, 2020. (Ghana Presidency/Handout via Xinhua) HUGE POTENTIAL Data from the World Bank shows that the trade bloc, which has so far garnered 54 signatories, covers a total population of over 1.2 billion with a collective gross domestic product of 3.4 trillion U.S. dollars. One of the banes of African economic development has long been the low rate of intra-African trade, which currently stands at 16-18 percent of Africa's total trade, much lower than the percentage numbers in Europe and Asia, according to Atah Pine, a columnist at news outlet Modern Ghana. The AfCFTA has the potential to boost intra-Africa trade by some 52 percent by 2022, according to the United Nations Economic Commission for Africa (UNECA). Experts have expressed their belief that the AfCFTA provides a tremendous opportunity for businesses already established in Africa or are looking to enter the market to optimize their operational structure.Photo taken on Oct. 21, 2019 shows an interior view of a warehouse at Kigali Logistics Platform in Kigali, Rwanda. (Photo by Cyril Ndegeya/Xinhua) BENEFITS TO AFRICA The AfCFTA's initial objective is to foster intra-African trade by improving market access through the phasing out of tariffs, removal of trade barriers, harmonization of customs laws and practices, and bolstering cooperation and capability building. African countries could rake in 20 billion dollars yearly by simply tackling non-tariff barriers that slow the movement of goods, according to the United Nations Conference on Trade and Development. The African Union is aiming for a gradual liberalization that would eventually pave the way for a customs union and regional integration fostering the free movement of people and capital.Photo taken on April 9, 2020 shows the Dar es Salaam Port undergoing upgrading of port berths 1 to 7 in Dar es Salaam, Tanzania. (Xinhua) The AfCFTA is expected to cement the kind of unity that is a prerequisite for Agenda 2063, a master plan for transforming Africa into a global powerhouse of the future, according to Costantinos Bt. Costantinos, a professor of public policy at Addis Ababa University in Ethiopia. Increased intra-African trade will also help lift the post-COVID-19 pandemic woes of African economies, allowing free and unhindered trade in health products across the continent. "The manufacturing sector and the sectors that export to other African countries will benefit most likely," said Jannie Rossouw, head of School of Economic and Business Sciences at the University of the Witwatersrand in South Africa. By 2050, the African economy could reach 29 trillion dollars, as the AfCFTA eliminates tariffs on 90 percent of goods produced on the continent, tackles non-tariff barriers to trade and guarantees the free movement of people. "Removal of trade barriers will attract foreign direct investments, as investors would want to invest in a place that has favorable trade policies. This means more employment opportunities for local populations," said Dale Mudenda, an international trade expert at the University of Zambia. "The AfCFTA will increase Africa's negotiating power and its ability to bargain for better trade arrangements," said Euston Chiputa, an economic historian at the University of Zambia. Chairperson of the African Union Commission Moussa Faki Mahamat, Egyptian President Abdel Fattah al-Sisi and Niger's President Mahamadou Issoufou (L to R) attend the launching ceremony of the operational phase of the African Continental Free Trade Area (AfCFTA) Agreement in Niamey, Niger, July 7, 2019. (Str/Xinhua) CHALLENGES LIE AHEAD Despite tremendous advantages the agreement will provide to Africa, analysts have pointed out that regional conflicts, the pandemic and other forms of crises, as well as insufficient infrastructure will create challenges for a smoothly functioning AfCFTA. "If COVID-19 pandemic, unrest in some regions and natural disasters persist, these will affect the smooth operation of AfCFTA, because they would disrupt trade and other economic activities taking place in Africa and as well as between Africa and the rest of the World," said Teddy Kaberuka, a Rwandan economic analyst. Dawie Roodt, an economist at South Africa-based financial services company Efficient Group, said infrastructure was a major stumbling block to the trade agreement. Political leadership would be required to deal with challenges to enable smooth trade, Roodt added.Containers are seen at the new container terminal in Walvis Bay, Namibia, Aug. 2, 2019. (Xinhua/Zhang Yu) Facing various kinds of challenges, relevant parties have voiced the importance of implementing well the AfCFTA. "The AfCFTA agreement should be made to work as it is the continent's only path to sustainable development," said David Luke, coordinator of the UNECA African Trade Policy Center. "Let's not underestimate the importance of the AfCFTA," said Luke, emphasizing that "there's no plan B, we have to make the AfCFTA work." CHINA-AFRICA TRADE POTENTIAL On the same day as trading under the AfCFTA began, the China-Mauritius Free Trade Agreement, the first free trade agreement that China has signed with an African country, also entered into force. Meanwhile, African leaders and businesses are eying greater potential of trade with China. "The AfCFTA implementation will further tap business opportunities that China is enjoying with Africa," said Jacob Makambwe, Secretary General of the Southern Africa Cross Border Traders' Association in Zambia.A train arrives at the Maai Mahiu Station of the Nairobi-Naivasha Standard Gauge Railway (SGR) in Kenya, Oct. 16, 2019. (Xinhua/Li Yan) Dina Mufti, spokesman for the Ethiopian Foreign Ministry, said that Ethiopia is keen on attracting more Chinese investments despite the fact that Chinese firms are already the largest investors in Ethiopia. "Africa needs to learn from other global trading blocs, which grew their economies through partnerships. Those partnerships bring technology, fiscal capital, people, and knowledge," Yoofi Grant, chief executive of the Ghana Investment Promotion Center, told Xinhua. "Although partnerships need to be broad and global in nature, a partnership with China, in particular, is critical, looking at the role of Chinese investments in bridging the infrastructure gap on the continent," said Grant, adding that "we see a lot of roads, railways, and bridge projects in Africa financed by the Chinese." "Africa is set to attract more investors for partnership after the end of the pandemic," said Grant. (Video reporters: Wang Ping, Yang Yi; Video editor: Zhou Sa'ang)
Round Table India & Ladies Circle India Felicitate Prominent Achievers at 8th Edition of Pride of Karnataka Awards
- MENAFN - Tue Dec 22, 2:17PM CST
Tue Dec 22, 2:17PM CST
along with presented today the 8th edition of ‘ ', to achievers across all walks of life who have made Karnataka proud and displayed excellence to the world's audience. The awards were presented to for his contributions to the Films and Entertainment category, for Sports for Wildlife Conservation, for Art, for his contribution to Music, and for Environmental Conservation. The chief guest at the event was , Director General and Inspector General of Police of Karnataka. 
George Weston Limited and Loblaw Companies Limited to Acquire Shares From Weston Family
- CNW Group - Fri Dec 18, 5:30AM CST
CNW Group - CMTX
Fri Dec 18, 5:30AM CST
George Weston Limited and Loblaw Companies Limited to Acquire Shares From Weston Family
Price History Describes more index sector components

Price Performance

Period Period Low Period High Performance
1-Month 62.75 +2.34% increase
on 12/31/20
Period Open:65.14
Price movement based on the high, low and last over the given period.
66.54 -3.49% decrease
on 12/16/20
-0.92 (-1.41%) decrease
since 12/15/20
3-Month 62.75 +2.34% increase
on 12/31/20
Period Open:69.45
Price movement based on the high, low and last over the given period.
69.89 -8.11% decrease
on 10/16/20
-5.23 (-7.53%) decrease
since 10/15/20
52-Week 59.01 +8.83% increase
on 03/23/20
Period Open:67.32
Price movement based on the high, low and last over the given period.
77.00 -16.60% decrease
on 04/07/20
-3.10 (-4.60%) decrease
since 01/15/20

More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2021.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies