Loblaw applauded pricing probe as Loblaw stock costs EUR 39.80
Published on 10/13/2026 at 11:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Loblaw applauded a Canadian grocery pricing investigation launched on September 28, 2026.
- Second-quarter 2026 revenue including PC Financial rose 4.1 percent to CAD 15.3 billion.
- Adjusted diluted earnings per share increased 11.9 percent to CAD 0.66 in the second quarter.
- Loblaw stock was trading at EUR 39.80 at Lang & Schwarz on October 13, 2026.
Loblaw stock (ISIN CA5394811015) was trading at EUR 39.80 at Lang & Schwarz on October 13, 2026 at 11:36 a.m. CEST. On September 28, Loblaw applauded a Canadian grocery pricing investigation, according to Canadian Grocer.
Pricing probe raises retail questions
The Competition Bureau is examining whether minimum advertised pricing policies can limit retailers' ability to promote lower prices. The agency is also reviewing possible effects on price competition, discounting and consumer choice.
Loblaw said these policies can constrain retailers from advertising lower grocery prices. The issue matters directly to the company's food retail business because its discount banners compete through value-led promotions.
Second-quarter growth stayed broad
In the second quarter of 2026, revenue including PC Financial reached CAD 15.3 billion, up 4.1 percent year over year, according to Yahoo Finance. GAAP revenue excluding PC Financial was CAD 15.0 billion, also up 4.1 percent.
The earnings mix was more profitable than the top line alone suggests. Adjusted diluted earnings per common share increased 11.9 percent to CAD 0.66, while adjusted EBITDA rose 5.1 percent to CAD 1.9 billion in the same quarter.
What does the growth mix show?
Pharmacy remained a key contributor, with drug retail sales up 6.1 percent and same-store sales up 4.6 percent in the second quarter. Food retail sales increased 3.3 percent, while food same-store sales rose 1.6 percent.
Digital demand added another growth channel. Online sales increased 19.3 percent in the second quarter, while management said it was on track to open 75 stores during 2026.
Buybacks support capital returns
Loblaw repurchased CAD 552 million of common shares in the second quarter, bringing the year-to-date total to CAD 1.2 billion. Management raised its expected 2026 repurchase total by CAD 200 million to CAD 2.1 billion, according to Yahoo Finance.
The next reported figure to watch is the third-quarter result, scheduled for November 19, 2026, according to the same earnings-call transcript. That date gives the market a defined checkpoint for discount-banner sales, pharmacy growth and the effect of the PC Financial transaction.
Stock trades at EUR 39.80
Loblaw stock was trading at EUR 39.80 at Lang & Schwarz on October 13, 2026 at 11:36 a.m. CEST. On the Toronto Stock Exchange, the stock's last quoted price was CAD 62.64 on October 9, 2026, while the 52-week range was CAD 54.44 to CAD 69.59 and market capitalization was CAD 72.9 billion.
The further course of trading is shown by the continuously updated real-time quote of Loblaw stock.
Loblaw stock facts
- Company: Loblaw Companies Limited
- ISIN: CA5394811015
- Ticker: L.TO
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz as of October 13, 2026 at 11:36 a.m. CEST: EUR 39.80
- Market capitalization: CAD 72.9 billion as of October 9, 2026
- 52-week range: CAD 54.44-CAD 69.59 as of October 9, 2026
- Sector / Industry: Consumer Staples / Grocery Stores
Market context: Market report S&P/TSX Composite.
