Owner of Loblaws, No Frills, Real Canadian Superstore and Shoppers Drug Mart recorded net earnings of $459-million or $1.47 per share in first quarter
Owner of Loblaws, No Frills, Real Canadian Superstore and Shoppers Drug Mart recorded net earnings of $459-million or $1.47 per share in first quarter
That $460M is net earnings available to common stockholders. Their gross profit for FY2023 was over $19bn. https://www.newswire.ca/news-releases/loblaw-reports-2023-fourth-quarter-results-and-fiscal-year-ended-december-30-2023-results-801324857.html