{"id":1982847,"date":"2023-07-26T07:14:02","date_gmt":"2023-07-26T11:14:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/loblaw-beats-revenue-estimates-on-resilient-demand-for-essentials\/"},"modified":"2023-07-26T07:15:38","modified_gmt":"2023-07-26T11:15:38","slug":"loblaw-beats-revenue-estimates-on-resilient-demand-for-essentials","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/loblaw-beats-revenue-estimates-on-resilient-demand-for-essentials\/","title":{"rendered":"Loblaw surpasses revenue expectations due to strong demand for essential items."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Floblaw-beats-revenue-estimates-on-resilient-demand-for-essentials%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1982847&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>(Reuters) \u2013 Canadian retailer \u2062Loblaw \u2063on \u2063Wednesday exceeded expectations for second-quarter revenue, delivering impressive\u2062 results driven by higher prices and sustained demand for groceries and drugs.<\/p>\n<p>The company&#8217;s \u2064revenue\u2064 surged by 6.9% \u200dto C$13.74 billion ($10.40 billion) in the quarter ended June 17, surpassing analysts&#8217; average estimate of \u200cC$13.63 billion, according to Refinitiv data.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>($1 = 1.3208 Canadian dollars)<\/p>\n<\/p>\n<p>  \u200b (Reporting by Juveria Tabassum in Bengaluru; Editing by Shilpi Majumdar and Shounak Dasgupta)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/loblaw-beats-revenue-estimates\/attachment\/illustration-shows-loblaw-logo\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Lebron \u2062James&#8217; son, Bronny, \u2062collapses during practice \u2064while Hunter Biden&#8217;s art is a hot \u200ccommodity.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Hunter Biden&#8217;s much<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/police-in-long-island-continue-searching-home-of-suspected-serial-killer\/\" title=\"Long Island police still searching suspected serial killer's home.\">-anticipated court date<\/a> is\u2063 set for \u2062Wednesday, but it&#8217;s unclear if \u200cthe \u2062judge will accept\u200b his plea deal.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Police are wrapping up \u2064their search \u2063in the home of suspected &#8216;Giglo Beach&#8217; \u200cserial \u2062killer.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The Grassroots activist group FreedomWorks\u200c joins members\u2062 of the House Freedom \u2063Caucus in \u2062calling on appropriators and GOP leadership to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/loblaw-beats-revenue-estimates-on-resilient-demand-for-essentials\/\" title=\"Loblaw surpasses revenue expectations due to strong demand for essential items.\">roll \u200bback current spending levels<\/a>.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>SYDNEY (Reuters) \u2013 New Zealand announced on Wednesday its plans to strengthen its cyber defenses by establishing a lead agency dedicated to this purpose\u2026\u2063 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By \u200cSupantha Mukherjee, \u200dMartin Coulter and Sheila Dang (Reuters) -After \u200d17 years with\u200d an \u200diconic blue bird that came to symbolize \u200dthe\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Elizabeth \u2062Howcroft LONDON (Reuters) \u2062-Britain&#8217;s data regulator stated on Tuesday that it will investigate Worldcoin, \u200da project led\u2063 by OpenAI CEO Sam Altman\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Candelaria Grimberg \u200dBUENOS AIRES\u200d (Reuters) \u2013\u2063 Argentine artist \u200dSantiago Barros \u2063has utilized artificial intelligence to envision\u200c what the \u200cchildren\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Loblaw, the Canadian retailer, exceeded Wall Street&#8217;s revenue expectations for Q2. The company&#8217;s revenue increased by 6.9% to C$13.74 billion ($10.40 billion), surpassing analysts&#8217; average estimate of C$13.63 billion, thanks to higher prices and sustained demand for groceries and drugs. (55 words)<\/p>\n","protected":false},"author":66,"featured_media":1982848,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1982847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1982847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1982847"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1982847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1982848"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1982847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1982847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1982847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}