Loblaw Saw Earnings Jump 31% In Q2 2023 Amid Food Inflation

Loblaw Companies (TSX: L) reported its second-quarter financial results, which showed robust growth in both earnings and revenue, despite the ongoing rise in grocery costs for consumers across the country. For the three months ending on June 17, the company reported a net income of $508 million, equivalent to $1.58 per share. This represented a significant … Continue reading Loblaw Saw Earnings Jump 31% In Q2 2023 Amid Food Inflation