Canadian grocery store Loblaw said this week the Q1 profits rose by 36%.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The group said it earned C$126m (US$80.8m) or C$0.46 per share, up from C$93m or C$0.34 per share in the year-ago period.


Sales meanwhile rose 9% to C$4.95bn from C$4.55bn, while same-store sales showed a 5% improvement.


The group was given a shot in the arm by its 14 new store openings and cost-cutting measures.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now