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Loblaw’s Q1 sales rise due to high demand for groceries and drugs.
Canadian Retailer Loblaw Reports Strong Q1 Sales
Good news for Loblaw Companies Ltd as they report a 6% increase in first-quarter sales, driven by high demand for essential goods such as groceries and drugs. The company’s revenue rose to C$13 billion ($9.54 billion) from C$12.26 billion a year earlier.
($1 = 1.3625 Canadian dollars)
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Read More From Original Article Here: Loblaw reports higher quarterly sales on strong demand for groceries, drugs
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