Company
Loblaw Companies Limited
Headquarters: Brampton, ON, Canada
Founded: Toronto, Ontario, Canada 1956
Employees: 200,000
CEO: Mr. Galen G. Weston B.A., M.B.A, M.B.A.
Market Cap
C$49.71 Billion
CAD as of July 1, 2024
US$36.19 Billion
Loblaw Companies Limited Categories
Canada Consumer Staples Grocery StoresCanada Consumer Staples Canada Grocery Stores
Company Description
Loblaw Companies Limited is the largest food and pharmacy retailer in Canada. Loblaw operates a range of supermarkets and stores specialized in food, pharmacy, finance, and apparel. It also owns several brands for consumer packaged goods, household and health products including President's Choice, No Name, and Life Brand.
Top Competitors by Market Capitalization
Industry: Grocery Stores
| Company | Market Cap (USD) |
|---|---|
| Alimentation Couche-Tard Inc. | $54.27 B |
| The Kroger Co. | $36.63 B |
| Seven & i Holdings Co. Ltd | $32.05 B |
| Koninklijke Ahold Delhaize N.V. | $28.31 B |
| Woolworths Group Limited | $27.34 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Walmart | $542.78 B |
| Costco | $392.65 B |
| Procter & Gamble | $386.66 B |
| Coca-Cola | $272.82 B |
| Kweichow Moutai | $251.13 B |
Detailed Description
Loblaw Companies Limited, a food and pharmacy company, engages in the grocery, pharmacy, health and beauty, apparel, general merchandise, financial services, and wireless mobile products and services businesses in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores. This segment also includes in-store pharmacies, other health and beauty product stores, apparel stores, and other general merchandise stores. The Financial Services segment provides credit card and banking services, the PC Optimum program, insurance brokerage services, and telecommunication services. It also offers PC Health app, a health and wellness app that provides Canadians with access to healthcare resources and support. Loblaw Companies Limited provides its products and services under various brands. The company was founded in 1919 and is headquartered in Brampton, Canada. Loblaw Companies Limited operates as a subsidiary of George Weston Limited.
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Stocks & Indices
Loblaw Companies Limited has the following listings and related stock indices.
Stock: TSX: L wb_incandescent
Stock: FSX: L8G wb_incandescent
Stock: OTC: LBLCF wb_incandescent
Product & Services
ApparelCash and carry Warehouse ClubDiscount StoreHypermarket Supercentre SuperstoreSupermarket
Key People
Galen Weston Jr. (Chairman and President)
Financials
Revenue: $51.859 billion CAD (2020)
Net income: $1.131 billion CAD (2019)