Loblaw at $62: Canada’s Grocery King Is a Great Business, but Is the Price Still Right?

Views: 23 2026-09-28 Loblaw Companies is Canada’s largest food and pharmacy retailer, with about CAD 64 billion of revenue across roughly 2,500 stores. Its banners include: discount: No Frills, Maxi, Real Canadian Superstore conventional: Loblaws, Zehrs, Provigo pharmacy: Shoppers Drug Mart and Pharmaprix It also owns President’s Choice and No Name, the country’s most powerful private labels; the PC Optimum loyalty program; PC Financial; and a growing e-commerce and retail media business. It earns thin margins on enormous volume, with fatter margins in pharmacy, private label and loyalty-driven services. George Weston Limited owns about half of it. Snapshot Ticker and …

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