Expecting good things tomorrow, although they retracted guidance I’m positive groceries will see huge boom.
S
I think this company is pretty smart with offering world elite mastercard with no annual fee and great loyalty system. I’m one of the customers who switched to PC Optimum with their credit card and I think its great. I don’t have to wait a whole year to use up points and you gain points pretty quick. Shoppers opens late so I can get meds late too which is really convenient. Super store has a lot of neat products other than just food which is really nice. I think they’re spending a lot of money and resources to fight off Amazon when they get bigger with groceries in Canada. I was also contacted from Loblaws for a pilot program with monthly or yearly subscription like Amazon Prime. It offers many cool benefits including $99 credit a year from PC Travel if you subscribe yearly (also $99). If you want to travel every year, that alone might be worth it as there are other benefits like free grocery pickup, more points for organic food, baby products, etc. Overall I really think Loblaws is one of the more competitive grocery chain in Canada and I think personally they can fight off Amazon.
O
did any of you get George Weston stocks after the drop. I don't see anything in my account so far
G
No surprise that Shoppers earnings was the biggest contributor to Loblaws earnings. Medicinal cannabis sold through the pharmacy will help to grow company revenues going forward as people become more comfortable with using their local pharmacy to order their prescriptions.
O
is there a stock split of some sort ? why the 20% drop ? no news I can find
Has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of ...
Has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of ...
ca.finance.yahoo.com
O
Time to buy?
B
what is going on, keeps dropping everyday :(
J
We still have a big exposure to the bond market be careful !
L
For every L share, you will get .135 share of George Weston limited (WN) .... supposed to show up in a few days in your account. L share value was prorated to reflect spinoff. My interpretation. ....
Loblaw Cos Ltd reported a better-than-expected quarterly profit on Wednesday, as the retailer benefited from efforts to refurbish stores and expand its online presence. The retailer, which sells everything ...
Loblaw Cos Ltd reported a better-than-expected quarterly profit on Wednesday, as the retailer benefited from efforts to refurbish stores and expand its online presence. The retailer, which sells everything ...
ca.finance.yahoo.com
G
Shoppers (owned by Loblaws) launched their on-line medical cannabis site this week. Great diversification for Loblaws into a growing pharma market.
Their financial sector should feel some pain in the next foreseeable quarters, but their retail sector will absolutely rake it in for Q2. They were already going to beat 2019 Q1 Revenue numbers without the Coronavirus. This stock is easily worth ~$78-80/share.
c
believe the earnings will be good as grocery stores are full every day and ppl are stockpiling
L
So loblaws is getting into medical cannabis, they got approved for federal sales license
Loblaws is doing a massive stock buy back because they know the stock is going up.
N
Just 14 days ago Loblaws was one of Motley Fools picks of stocks that could bounce back this spring. Today MF says Loblaws is a POISON to your portfolio. What does Motley Fool base their predictions on.....
Share buy back plan approved.
My interpretation. ....
2020 Q1 Revenue: $11.800B (Only 2 weeks of pandemic shopping included)
2019 Q1 Operating Income: $451M
2020 Q1 Operating Income: $541M
Their financial sector should feel some pain in the next foreseeable quarters, but their retail sector will absolutely rake it in for Q2. They were already going to beat 2019 Q1 Revenue numbers without the Coronavirus. This stock is easily worth ~$78-80/share.
https://mobile.twitter.com/_deepakanand/status/1071185575963738113?fbclid=IwAR0hulgEe7zlOMwbkebx3XOvbZeNmVvmMX-AhtmjpnD60E7gupISVMpgLu0