TORONTO (FNS) -- Loblaw Cos., which recently appointed a new president, reported a 24% increase in third-quarter profit to $74 million or 27 cents a share. Revenue at Canada's largest grocer rose 8.4% to $4.1 billion. The results matched the estimates of analysts. mpany appointed John Lederer to replace Richard Currie, who is stepping down, effective Jan. 1. Currie, who spent 24 years as president of Loblaws, will remain a director. Loblaws' main banners are Loblaws, Provigo, Fortino's, No ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.