TORONTO — Loblaw here on Wednesday said net earnings improved 40.2% in the first quarter as customers responded to improvements in assortment and service. Revenues for the period ended March 23 totaled $7.1 billion (U.S.), an increase of 3.8%, with same-store sales growing by 2.8%. Net earnings totaled $169 million, helped in part by amendments to employee benefit plans recorded in the quarter. Loblaw also posted increases in operating margin and EBITDA margin. Read more: Loblaw ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.