Loblaw Companies Q2 adjusted earnings of C$1.35 per share

Loblaw Companies (L.TO) released a profit for its second quarter that rose from last year.

The company's bottom line came in at C$375 million, or C$1.09 per share. This compares with C$169 million, or C$0.47 per share, in last year's second quarter.

Excluding items, Loblaw Companies reported adjusted earnings of C$464 million or C$1.35 per share for the period.

The company's revenue for the quarter rose 4.4% to C$12.49 billion from C$11.96 billion last year.

Loblaw Companies earnings at a glance:

-Earnings (Q2): C$464 Mln. vs. C$260 Mln. last year.
-EPS (Q2): C$1.35 vs. C$0.72 last year.
-Revenue (Q2): C$12.49 Bln vs. C$11.96 Bln last year.

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