Net earnings of Loblaw Companies Limited Canada 2012-2019

The net earnings of Loblaw Companies Limited reached approximately 1.13 billion Canadian dollars in the financial year ending December 28, 2019. Otherwise known as net profit or net income, net earnings are the amount of revenue left once all operating expenses, interest, taxes and preferred stock dividends have been deducted. Loblaw’s revenue reached around 48 billion Canadian dollars in the same year.

Loblaw's origins

Loblaw’s first self-serve grocery store opened in Toronto in 1919 and continued to spread across Ontario in the following years. By 1924, they had expanded into New York State, and later into Chicago in 1928. Today, Loblaw Companies employs almost 200,000 workers in Canada and operates five independent divisions. Shoppers Drug Mart, Loblaw’s drugstore division, generated retail sales of around 12.87 million Canadian dollars in 2018. Since 2013, Loblaws’ food retail store sales have continued to grow year-on-year, helping to secure their top position in the Canadian grocery market.

Net earnings of Loblaw Companies Limited in Canada from 2012 to 2019

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Source

Release date

March 2020

Region

Canada

Survey time period

2012 to 2019

Supplementary notes

For the years ended December 28, 2019 and December 29, 2018 and December 20, 2017 and December 31, 2016 and January 2, 2016 and January 3, 2015 and December 28, 2013 and December 29, 2012.
Data from 2012 to 2016 has been taken from previous reports.

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Statistics on "Loblaws"

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