Loblaw says Q1 profit up from year ago amid strength in customer response to offers

The result was up from a profit of $459 million or $1.47 per diluted share in the first quarter of 2024. On an adjusted basis, Loblaw says it earned $1.

88 per diluted share in its latest quarter, up from an adjusted profit of $1.72 per diluted share a year earlier. Revenue for the quarter totalled $14.



1 billion, up from $13.6 billion, as food retail same-store sales rose by 2.2 per cent.

Drug retail same-store sales rose 3.8 per cent, with pharmacy and health care services same-store sales up 6.4 per cent, and front store same-store sales increasing 0.

9 per cent. This report by The Canadian Press was first published April 30, 2025..