Loblaw Companies (L.TO) revealed earnings for fourth quarter that decreased from the same period last year
The company's earnings totaled C$529 million, or C$1.62 per share. This compares with C$744 million, or C$2.20 per share, in last year's fourth quarter.
Excluding items, Loblaw Companies reported adjusted earnings of C$575 million or C$1.76 per share for the period.
The company's revenue for the quarter rose 9.8% to C$14.01 billion from C$12.76 billion last year.
Loblaw Companies earnings at a glance (GAAP) :
-Earnings (Q4): C$529 Mln. vs. C$744 Mln. last year.
-EPS (Q4): C$1.62 vs. C$2.20 last year.
-Revenue (Q4): C$14.01 Bln vs. C$12.76 Bln last year.
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