While reporting financial results for the third quarter on Wednesday, Canadian food retailer Loblaw Cos. Ltd. (L.TO) raised its adjusted earnings per share growth guidance for the full-year 2025, based on its year to date operating and financial performance and momentum exiting the third quarter.
For fiscal 2025, the company now projects year-over-year adjusted net earnings per share growth to increase slightly from high single-digits into the low double-digits, excluding the impact of the 53rd week, up from the prior forecast for growth in the high single-digits.
On average, ten analysts polled by Thomson Reuters expect the company to report earnings of C$2.41 per share for the year. Analysts' estimates typically exclude special items.
Subsequent to the end of the third quarter of 2025, the Board of Directors declared a quarterly dividend of $0.141075 per common share, payable on December 30, 2025 to shareholders of record on December 15, 2025.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.