Loblaw reports 40.2% gain in Q1 net earnings

05/1/2013 | Supermarket News (free registration)

Loblaw's net earnings increased 40.2% in the first quarter, with revenue up 3.8%, to $7.1 billion. "Greater assortment and an improved in-store experience are resonating with customers, translating into same-store sales growth and positive trends in tonnage and market share," Executive Chairman Galen Weston said.

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