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Net earnings of Loblaw Companies Limited in Canada from 2012 to 2024 (in million Canadian dollars)

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Source

Release date

February 2025

Region

Canada

Survey time period

2012 to 2024

Special properties

For 2024 the year ended December 28

Supplementary notes

Data from 2012 to 2022 has been taken from previous reports.

Citation formats

Loblaw Companies Limited net earnings Canada 2012-2024

Published by
T. Ozbun,
Sep 25, 2025

The net earnings of Loblaw Companies Limited reached approximately****billion Canadian dollars in the financial year ending December 28, 2024. Otherwise known as net profit or net income, net earnings are the amount of revenue left once all operating expenses, interest, taxes and preferred stock dividends have been deducted. Loblaw’s revenue reached around ** billion Canadian dollars in the same financial year.

Loblaw's origins

Loblaw’s first self-serve grocery store opened in Toronto in 1919 and continued to spread across Ontario in the following years. By 1924, they had expanded into New York State, and later into Chicago in 1928. Today, Loblaw Companies employs almost ** workers in Canada and operates five independent divisions. Shoppers Drug Mart, Loblaw’s drugstore division, generated retail sales of around **** million Canadian dollars in 2023. Since 2013, Loblaws’ food retail store sales have continued to grow year-on-year, helping to secure their top position in the Canadian grocery market.

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Topics

LoblawsFood shopping behavior in CanadaFood retail in CanadaSupermarkets and grocery stores in CanadaConvenience stores in Canada
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