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Net earnings of Loblaw Companies Limited Canada 2012-2018

Net earnings of Loblaw Companies Limited in Canada from 2012 to 2018 (in million Canadian dollars)

by Emma Bedford, last edited Oct 10, 2019
Net earnings of Loblaw Companies Limited Canada 2012-2018 The net earnings of Loblaw Companies Limited reached approximately 800 million Canadian dollars in the financial year ending December 29, 2018. 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 46.7 billion Canadian dollars in the same year.

Loblaws 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, Loblaws 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.
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Net earnings of Loblaw Companies Limited in Canada from 2012 to 2018 (in million Canadian dollars)

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