Loblaw Reports Second Quarter Revenue Growth of 4.1% and Adjusted Diluted Net Earnings Per Common Share Growth of 11.9%
Loblaw reported strong Q2 2026 results with retail revenue increasing 4.1% to $15.05 billion and adjusted diluted EPS growing 11.9% to $0.66. The company completed the sale of PC Financial to EQB for total consideration of $1.23 billion and repurchased 8.8 million shares for $552 million during the quarter.
Key figures
- Eps
- $0.66
- Revenue
- $15,270 million
- Guidance
- Adjusted net earnings per common share growth in the high single-digits; Retail business to grow earnings faster than sales; gross capital expenditures ~$2.4 billion
- Revenue Yoy
- 4.1%
- Free cash flow
- $856 million
- Retail revenue
- $15,046 million
- Adjusted ebitda
- $1,841 million
- Buyback cost q2
- $552 million
- Buyback guidance fy
- $2.1 billion
- Shares repurchased q2
- 8800000
- Adjusted ebitda margin
- 12.2%
- Retail operating income
- $1,202 million
- Sale consideration pc financial
- $1,234 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.