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Stocks in play: Loblaw Companies Limited

Announced today its unaudited financial results for the fourth quarter ended December 28, 2019. Revenue was $11,590 million. When compared to the fourth quarter of 2018, this represented an increase of $372 million, or 3.3%. Operating income was $541 million. When compared to the fourth quarter of 2018, this represented an increase of $96 million, or 21.6%. Loblaw Companies Limited shares T.L are trading down $1.20 at $69.89.

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