Loblaw publishes transcript of Q2 2026 results conference call

• Loblaw held its Q2 2026 results call with CEO Per Bank, CFO Richard Dufresne, VP IR Roy MacDonald; analysts from UBS, RBC, BMO, National Bank, TD Cowen, Scotiabank, Desjardins.
• Revenue including PC Financial CAD 15.3 billion, up 4.1%; adjusted EBITDA CAD 1.9 billion, up 5.1%; adjusted EPS CAD 0.66, up 11.9%.
• Food Retail sales up 3.3%; same-store sales up 1.6%; hard discount comps near 4%; 11 food stores opened, net grocery square footage up about 1.5%.
• Drug Retail sales up 6.1%; same-store sales up 4.6%; pharmacy and healthcare services comps up 7.5%; early signs GLP-1 generics to lift revenue, gross profit dollars, margin.
• PC Financial sale to EQ Bank closed post-quarter; CAD 625 million cash received; Loblaw to report EQB equity earnings from Q3, targets about 25% EQB ownership by November 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loblaw Companies Limited published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.