Canadians are uniting against Loblaw once again.
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In a new petition, those tired of paying astronomical prices for groceries are clamouring to sign a petition demanding Parliament do a deep dive into Loblaw Companies Ltd.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
“Open an investigation into the monopolization of Canadian grocery stores and to create legislation to prevent this from occurring again,” the petition continued. More than 17,000 Canadians have signed the parliamentary petition demanding a special probe of Loblaw be conducted.Article content The nation’s largest grocer reported on Thursday net yearly earnings of $1.9 billion with a 4.7% gain in same-store food sales.
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Loblaw earns $529M in Q4 profits as Canadians struggle with rising food prices | CBC NewsLoblaw Companies Ltd.'s fourth-quarter results beat analysts' expectations on Thursday as the Canadian retailer was boosted by its pharmacy business and a continued demand for groceries.
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Loblaw earnings shows half a billion in profits as Canadians grapple with rising food costsLoblaw Companies Ltd. released its financial results for the fourth-quarter on Thursday, which reveal the company earned $529 million in Q4 profits...
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Loblaw forecasts annual profit above estimates on strong grocery demandLoblaw expects full-year 2023 adjusted earnings per common share to grow in low double-digits compared with the average analyst estimate of 9.64%
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Loblaw reports $529M Q4 profit, revenue up nearly 10% - BNN BloombergLoblaw Companies says it earned a profit available to common shareholders of $529 million in its latest quarter as its revenue rose nearly 10 per cent compared with a year ago.
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Loblaw posts $529M Q4 profit, revenue up nearly 10 per centLoblaw Companies Ltd. says it earned a profit available to common shareholders of $529 million in its latest quarter as its revenue rose nearly 10 per cent compared with a year ago.
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Loblaw sales topped $14B in fourth quarter amid strong grocery, pharmacy demand - National | Globalnews.caLoblaw's revenues were up 10 per cent in the fourth quarter of the year as demand held strong for groceries and strong cosmetics and pharmacy sales.
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