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    L   CA5394811015

LOBLAW COMPANIES LIMITED

(L)
  Report
Delayed Toronto Stock Exchange  -  04:15:15 2023-01-27 pm EST
120.99 CAD   +0.95%
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Loblaw Companies Limited Plans to Open Four New Pharmacist-Led Health Clinics in Alberta

12/08/2022 | 08:56am EST

Loblaw Companies Ltd. announced plans to open four additional locations in the coming weeks. The clinics will be located in traditionally underserviced areas of the province - Fort Saskatchewan, Brooks, Red Deer and Edson - and will offer a range of healthcare services to patients, including assessment and treatment of common ailments and injuries. Through their expanded scope of practice, pharmacists in Alberta can assess patients and prescribe medications for minor illnesses and injuries, administer vaccines and other medications by injection, support chronic disease management and order and receive lab results.

By making healthcare more accessible, pharmacist-led health clinics are one way Loblaw fulfills its purpose: Helping Canadians live life well. The clinics are part of the company's national network of healthcare professionals and infrastructure, offering a range of in-store and virtual health services to millions of Canadians each week.


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All news about LOBLAW COMPANIES LIMITED
01/27Modern Plant Based Foods Received Govt Grant For New Vegan Seafood Line
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01/26Loblaw Companies Limited Announces the Timing of the Fourth Quarter 2022 Earnings Relea..
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01/23Modern Plant Based Foods Says Kitskitchen Launching New Marketing Strategy To Lift Reve..
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01/03Shoppers Drug Mart Applauds Expanded Scope of Practice for Ontario Pharmacists
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2022George Weston and Loblaw Both Enter into Automatic Share Purchase Plans
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2022George Weston and Loblaw Brief: Both Enter into Automatic..
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Analyst Recommendations on LOBLAW COMPANIES LIMITED
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Financials
Sales 2022 56 144 M 42 173 M 42 173 M
Net income 2022 1 858 M 1 396 M 1 396 M
Net Debt 2022 3 402 M 2 555 M 2 555 M
P/E ratio 2022 21,9x
Yield 2022 1,31%
Capitalization 39 208 M 29 452 M 29 452 M
EV / Sales 2022 0,76x
EV / Sales 2023 0,73x
Nbr of Employees 220 000
Free-Float 44,6%
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 120,99 CAD
Average target price 132,95 CAD
Spread / Average Target 9,89%
EPS Revisions
Managers and Directors
Galen G. Weston Executive Chairman, President & CEO
Richard Dufresne Chief Financial Officer
David Markwell Chief Technology & Analytics Officer, Executive VP
Robert Sawyer Chief Operating Officer
Robert Wiebe Chief Administrative Officer
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