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Loblaw Companies (TSE:L)
TSX:L
Canadian Market

Loblaw Companies (L) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 20, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
2.21
Last Year’s EPS
2
Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Feb 20, 2025
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% Change Since: 0.00%
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Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record revenue and significant shareholder returns. However, it also acknowledged challenges such as a decline in net earnings due to revaluation charges, inflationary pressures, and the impact of the Canada Post strike on sales. The company's aggressive expansion and investment plans, along with strong online sales growth, indicate a positive outlook despite some hurdles.
Company Guidance
During the Loblaws Inc. call discussing the fourth quarter of fiscal year 2024, the company reported a robust financial performance with full-year revenue reaching $61 billion and adjusted earnings exceeding $2.6 billion. The guidance highlighted a strategic plan to reinvest over $10 billion into the Canadian economy over the next five years, including opening 80 new stores and 100 pharmacy clinics in 2025. For the quarter, revenue grew 2.9% to $14.9 billion, while adjusted EBITDA rose by 4%. The company noted a 3.7% increase in absolute food sales and adjusted diluted net earnings per share rose by 10% to $2.20. Despite a 14.6% decrease in GAAP net earnings due to a $129 million non-cash charge from the PC Optimum program, customer engagement and redemption rates have increased. The company also recorded double-digit growth in its discount network and online sales rose by 18.4%. Looking forward to 2025, Loblaws expects earnings growth to outpace sales and plans to invest $2.2 billion in capital expenditures, returning most free cash flow to shareholders.
Record Revenue and Growth
Loblaw Companies Limited achieved a record revenue of $61 billion for the fiscal year 2024, surpassing $60 billion for the first time, with adjusted earnings of more than $2.6 billion and adjusted EPS growth of 10.3%.
Significant Shareholder Returns
The company repurchased $1.8 billion worth of shares and increased its dividend per share by 13.9%.
Expansion and Investment
Loblaw accelerated capital investments by adding 52 new Food and Drug Retail stores and 78 pharmacy care clinics, representing a 1.1% square footage growth, and plans to reinvest over $10 billion into the Canadian economy over the next five years.
Strong Online Sales Growth
Online sales increased by 18.4% in Q4, with full-year sales growing 16.9% to $3.9 billion.
T&T Supermarket Success
The first T&T supermarket in Seattle, Washington, set a new sales record, being the fastest-growing banner in the company's network.
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Loblaw Companies (TSE:L) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TSE:L Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 30, 20252025 (Q1)
1.86 / -
1.72
Feb 20, 20252024 (Q4)
2.21 / 2.20
210.00% (+0.20)
Nov 13, 20242024 (Q3)
2.44 / 2.50
2.2610.62% (+0.24)
Jul 25, 20242024 (Q2)
2.14 / 2.15
1.9410.82% (+0.21)
May 01, 20242024 (Q1)
1.70 / 1.72
1.5510.97% (+0.17)
Feb 22, 20242023 (Q4)
1.90 / 2.00
1.7613.64% (+0.24)
Nov 15, 20232023 (Q3)
2.24 / 2.26
2.0112.44% (+0.25)
Jul 26, 20232023 (Q2)
1.91 / 1.94
1.6914.79% (+0.25)
May 03, 20232023 (Q1)
1.55 / 1.55
1.3613.97% (+0.19)
Feb 23, 20232022 (Q4)
1.71 / 1.76
1.5215.79% (+0.24)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:L Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 20, 2025C$179.46C$174.75-2.62%
Nov 13, 2024C$186.90C$182.40-2.41%
Jul 25, 2024C$168.06C$167.38-0.41%
May 01, 2024C$149.65C$151.51+1.24%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Loblaw Companies (TSE:L) report earnings?
Loblaw Companies (TSE:L) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
    What is Loblaw Companies (TSE:L) earnings time?
    Loblaw Companies (TSE:L) earnings time is at Feb 20, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TSE:L EPS forecast?
          TSE:L EPS forecast for the fiscal quarter 2024 (Q4) is 2.21.
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            Loblaw Companies (TSE:L) Earnings News

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            Loblaw Stock (TSE:L) Dips Despite Beating Q2 Earnings Estimates
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            2y ago
            Loblaw Stock (TSE:L) Rises on Superb Q4-2022 Earnings Results
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            Loblaw Stock (TSE:L) Rises on Superb Q4-2022 Earnings Results
            2y ago
            Loblaw Beats on Earnings, Misses Revenue Estimates; Shares Down 3.8%
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            Loblaw Beats on Earnings, Misses Revenue Estimates; Shares Down 3.8%
            3y ago
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