Part-Time
Retailer operating grocery and pharmacy chains
CA$17.60 - CA$18.45/hr
Alliston, New Tecumseth, ON, Canada
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Loblaw operates a large network of grocery stores and pharmacies across Canada, selling food, health, and beauty products. Stores use self-serve formats to keep prices low, and Loblaw sells private-label brands No Name and President’s Choice alongside national brands, with Shoppers Drug Mart providing pharmacy services within the same retail ecosystem. It combines grocery and pharmacy under one umbrella with an extensive store footprint and strong private-label programs. Aim: be Canada's leading retail destination for food, health, and beauty by delivering value, convenience, and a wide selection through its connected stores and brands.
Company Size
10,001+
Company Stage
IPO
Headquarters
Brampton, Canada
Founded
1919
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Loblaws profit growth is coming from outside the grocery aisle. Loblaw Companies (TSX: L) produced 11.9% adjusted earnings-per-share growth in Q2 despite generating only 1.6% same-store growth from its food retail business. The difference came from several places outside conventional grocery sales. Pharmacy revenue grew faster than food revenue, newly opened stores expanded Loblaw's selling space, online delivery continued growing at a double-digit rate, and share repurchases reduced the number of shares among which earnings were divided. The company also received a final-quarter contribution from PC Financial before completing its sale to EQB on July 1. Sponsored · Granada Gold Mine Inc. Loblaw's retail revenue increased by $589 million to $15.05 billion in Q2 2026. Food retail contributed $336 million, or approximately 57%, of that increase. Drug retail supplied the remaining $253 million, or 43%, despite representing less than 30% of total retail revenue. The strongest component was pharmacy and healthcare services, where revenue increased by $195 million to $2.45 billion. That business alone generated roughly one-third of Loblaw's total retail revenue growth. Pharmacy and healthcare same-store sales increased 7.5%. Comparable prescription volumes rose 3.4%, while the average prescription value increased 5.5%. Loblaw attributed the performance to specialty medicines and prescriptions for chronic conditions. Front-store same-store sales grew a more modest 1.3%, supported by beauty and over-the-counter products. Sponsored · Mercado Minerals Ltd. Management also said Lifemark's sales increased at a double-digit rate as patient visits to its clinics grew but did not provide Lifemark's standalone revenue in its quarterly report. Food retail revenue increased 3.3% to $10.62 billion, more than double its 1.6% same-store growth rate. The gap reflects contributions from recently opened stores and additional selling space. Loblaw ended the quarter with 2,523 stores, up from 2,459 one year earlier. Total retail square footage increased 1.8% to 73.8 million square feet. During the quarter, the company opened 14 food and drug stores and closed six. Seven of the openings were Maxi or No Frills discount stores. Management said same-store sales at its hard-discount banners were close to 4%, while newer stores entering the comparable base were producing double-digit growth. Conventional banners also recorded positive comparable sales. The expansion is part of a $2.4 billion capital program that includes roughly 75 planned store openings in 2026, renovations, and investments in automated distribution facilities. reuters.com E-commerce supplied another growth channel. Online sales increased 19.3%, while PC Express delivery grew more than 40%, according to management. Loblaw's retail gross profit increased 4.7% to $4.85 billion, slightly faster than revenue. Gross margin reached 32.2%, up 10 basis points, with the company citing continued reductions in inventory shrink. Selling, general, and administrative expenses increased $124 million, but remained flat at 20% of sales. New-store expenses, distribution-centre costs, and real estate activities offset operating leverage from higher revenue. Adjusted EBITDA increased 5.3% to $1.84 billion, while operating income rose only 2.9% to $1.20 billion. Depreciation and amortization increased 6.8%, partly because of new stores and distribution investments. The operational business therefore grew earnings faster than sales, but not at the full 11.9% rate shown by adjusted EPS. Adjusted net earnings increased 8.6% to $774 million. From continuing operations, adjusted earnings increased only 5.2% to $728 million. PC Financial, which was classified as a discontinued operation, contributed $46 million of adjusted earnings, up from $21 million. That $25 million increase represented approximately 41% of Loblaw's total $61 million increase in adjusted earnings. The remaining difference between earnings growth and EPS growth came largely from share repurchases. Diluted weighted-average shares declined 2.9% to 1.17 billion. Loblaw repurchased 8.8 million shares during the quarter for $552 million and raised its expected 2026 repurchases to approximately $2.1 billion. That smaller denominator helped turn 8.6% adjusted earnings growth into 11.9% adjusted EPS growth. Reuters reported that Loblaw's $0.66 adjusted EPS narrowly exceeded the $0.65 consensus estimate, while retail revenue of $15.05 billion came slightly below the $15.07 billion forecast. Information for this briefing was found via the sources and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
Loblaw reports Q2 earnings of $751 million, up 5.2% from last year. Retail sales came to $15.05 billion for the quarter The food and pharmacy retailer said its discount banners Maxi and No Frills outperformed in the second quarter. Loblaw Companies reported net earnings of $751 million for its second quarter, an increase of $37 million from last year. Retail sales increased by 4.1% to $15.05 billion for the period ended June 20. Food retail same-store sales were up 1.6%, which Loblaw attributed to higher customer traffic, basket size and e-commerce sales growth. The food and pharmacy retailer said its discount banners Maxi and No Frills continued to outperform. Drug retail same-store sales grew 4.6% driven by strength in specialty and chronic prescriptions, as well as the beauty and OTC categories. E-commerce sales increased by 19.3%. The company opened 14 stores across its food and drug retail network in Q2, including seven discount stores, three drug stores and its first T&T Supermarket location in California. Diluted net earnings per common share were $0.64, an increase of $0.05 from last year. Loblaw said it will no longer report PC Financial earnings following the sale of the brand to EQB subsequent to the end of its second quarter. It will begin recognizing its proportionate share of EQB's net income in its consolidated financial results. As of the date of closing, Loblaw owned approximately 19.9% of EQB's issued and outstanding common shares. In connection with the sale, Loblaw received $625 million in cash. "Customers continue to reward us for delivering on their needs through increased traffic, basket size and topline sales," said Per Bank, president and chief executive officer, Loblaw Companies Ltd., in a press release. "We are investing in new stores and growth as we make everyday essentials and healthcare more accessible while continuing to deliver strong financial results." Watch a video shared by Bank to LinkedIn, where he shares more on the company's financial results: * Loblaws reopens in Bowmanville, Ont. Grocer reveals refreshed store * Maxi to open in downtown Montreal in 2027 Discount grocery chain plans 13,000 square-foot supermarket at former Forum
RBC Capital keeps their Buy rating on Loblaw Companies (LBLCF). Jul. 24, 2026, 07:45 PM RBC Capital analyst Irene Nattel maintained a Buy rating on Loblaw Companies on July 23 and set a price target of C$72.00. The company's shares closed yesterday at C$63.39. * Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions * Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks Nattel covers the Consumer Defensive sector, focusing on stocks such as Loblaw Companies, Dollarama, and Empire Co Cl A NV. According to TipRanks, Nattel has an average return of 16.7% and a 66.39% success rate on recommended stocks. Loblaw Companies has an analyst consensus of Strong Buy, with a price target consensus of C$70.39, which is an 11.04% upside from current levels. In a report released on July 23, TD Cowen also maintained a Buy rating on the stock with a C$75.00 price target. Based on Loblaw Companies' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$14.48 billion and a net profit of C$594 million. In comparison, last year the company earned a revenue of C$14.14 billion and had a net profit of C$503 million Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LBLCF in relation to earlier this year. Read More on LBLCF:
Angela Gaitan appointed Human Resources Director at Melitron Corporation. Guelph, Ontario, Canada, July 2026 - Melitron Corporation has promoted Angela Gaitan to the role of Human Resources Director, recognizing her long-standing contribution to the organization and her progressive leadership across talent acquisition, HR business partnering, and people strategy. In her new role, Angela will lead the company's human resources function, overseeing talent strategy, organizational development, employee relations, leadership support, workforce planning, and people initiatives that enable Melitron's continued growth and operational excellence. Angela has built her career at Melitron Corporation over nearly seven years, progressing through multiple HR leadership positions. She joined the organization as a Talent Acquisition Specialist, where she played a key role in attracting and hiring talent to support the company's expanding manufacturing and engineering operations. She was subsequently promoted to Human Resources Business Partner, partnering with business leaders to strengthen workforce planning, employee engagement, performance management, and organizational capability while supporting strategic business objectives. Her elevation to Human Resources Director marks the next milestone in a career defined by steady progression and deep understanding of the organization's people and culture. Prior to joining Melitron, Angela spent several years with Loblaw Companies Limited, where she most recently served as Specialist, Talent Programs, contributing to enterprise talent initiatives and leadership development programs. Earlier in her career at Loblaw, she held positions as Labour Relations Coordinator, supporting employee and labour relations, and Payroll Coordinator, where she developed a strong foundation in HR operations and workforce administration. With experience spanning talent acquisition, HR business partnering, labour relations, payroll, and strategic HR leadership, Angela brings a well-rounded perspective to leading Melitron's people agenda. Melitron Corporation is a Canadian designer, developer, and manufacturer of metal enclosures, electro-mechanical systems, and outdoor digital display solutions. Serving industries including communications, energy, healthcare, industrial manufacturing, retail, transportation, and security, the company provides end-to-end manufacturing services - from product design and prototyping to systems integration and global delivery. Headquartered in Guelph, Ontario, Melitron combines advanced manufacturing technologies, robotics, and automation to deliver high-quality solutions for customers worldwide.