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Loblaw Companies Limited (L.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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82.44+0.83 (+1.02%)
At close: 4:00PM EDT
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  • F
    Fortune Cookie
    guys, this aint just a grocery store, theyre in healthcare and also financial services. this is a long term hold
  • M
    Hi. Is PC Financial directly associated under Loblaw Companies? The potential there is HUGE.
  • R
    great last 6 months.
  • C
    what is the difference between this and
  • L
    Sold out today for a nice gain. Good luck to longs. Ill re enter if hits under $70
  • P
    Looking good today!
  • R
    Biggest mistake i didnt buy more
  • C
    Great stores, great stock!
  • j
    The start of weston bakeries sale beginning
    Could see this passing 80$ soon
  • C
    Galen Weston jr or aka G2
    has Weston's bakery for sale.
    why anyone invests in this crooked company is beyond belief
  • D
    Best chart in the last 6 months
  • J
    Insider keeps buying. That’s a good sign to mean current price still low
  • J
    Think this will keep going up in the next week or two? Or might it drop back down a bit again?
  • -
    I went in at 48 sold At 65 very very slow stock
  • S
    Back to $60
  • M
    bought at $62
  • L
    Mid summer this is hitting 75-80. No question about it. Im holding till 78-80
  • F
    rocket Loblaw is taking off, finally!!!
  • K
    Listening to the 2020 Q4 Shareholders call here are three items I picked up on.

    1. CEO mentions they kept costs of groceries low and unchanged due to the pandemic. They will most likely start to hike up prices due to vaccine rollout/recovery and inflation with all the fed spending. This will affect the bottom line for sure.

    2. CEO mentions spending a "significant amount of free cashflow for share repurchases". This will pump up the EPS in a big way.

    3.CAPEX to make their retail segment safe is essentially done. So it will not affect the bottom line as drastically as it did in 2020.

    Also the CEO predicts EPS growth for 2021 in the low double-digits. That's massive for a company like Loblaw. All great things.
  • C
    My understanding of key highlights from the Q4 / 2020 year end reporting. These are just my opinions and interpretations, not any recommendations or verified facts (so do your research and make your own decisions):

    In 2020, they paid out $180 million in increases COVID compensation, plus a $25 million bonus to store and DC employees! (I’m so thankful for the dedication and hard work of the front line staff to keep us fed and looked after!). COVID related costs were high for 2020 - totalling $445 million for the year. Yet financial results were strong. Good price/sales ratio, good price/cashflow ratio, decent P/E ratio, management is conservative in estimates, is realistic, and accomplished what they set out to do.

    Q4 Net earnings per share increase of 25.7% over 2019 ($0.88 vs $0.70).

    Adjusted EPS in 2020 was $4.26 vs. $4.12 in 2019. 2020 was a longer year - 53 weeks instead of the typical 52 weeks. However, even on the same 52 week results, EPS was $4.17 for 2020 (vs $4.12 for 2019). This is significant, considering the additional costs that were incurred through the year. As a retail small-businesses-owner myself, I know the great challenges and costs COVID presented.

    In 2020, they repurchased, for cancellation, 13.3 million common shares at a cost of $888 million.

    From the call - I was typing really fast, so verify against the transcript.:

    Has the systems in place to administer 1 million vaccines per week once supplies are available. Ontario & Quebec are currently off the table, but those provinces may open in the future and it is anticipated that this is not a short-life-cycle vaccination program.

    PC Optimum named one top 10 Canadian brands based on engagement.

    Discount retail is growing (vs. conventional shopping). This means promotions are driving traffic more, rather than consumers make one, large, weekly trip).

    Expect COVID costs to reduce and shopping to normalize as vaccine rollouts continue. Expect growth in beauty shopping as shopping trends normalize. Will continue share buyback program.

    PC Card payment rates are strong and have higher confidence in repayments going forward - that losses won’t be as high as expected. And significant savings are being pursued through technology (automation in systems, price tags, self checkout). However, a significant increase in automated order picking is not expected in 2021.

    They won’t give a figure, but are striving for low double-digit EPS growth (10-15%) in 2021 through cost reductions, share buybacks, continued trajectory of normalized shopping trends, use of loyalty data. However, there is uncertainty due to COVID.

    Huge increase in e-commerce in 2020, but doesn’t expect to see that same rate of growth in 2021. However, e-commerce will continue to grow and be a significant part of future trends. They will work on increasing online cart sizes through suggested complimentary products.

    Launched PC Health App in September 2020 to be a first, one-stop location for healthcare & pharmacy. Has been positive and expect growth in this area.