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Canadian supermarket chain Loblaw misses quarterly sales estimates
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Canadian supermarket chain Loblaw misses quarterly sales estimates
Feb 20, 2025 3:56 AM

Feb 20 (Reuters) - Canadian retailer Loblaw Companies ( LBLCF )

fell slightly short of Wall Street estimates for

fourth-quarter sales on Thursday, hurt by weak demand for

non-essential items such as apparel and kitchen appliances.

The company's fourth quarter revenue rose 2.9% to C$14.948

billion ($10.52 billion), compared with analysts' average

estimate of C$14.954 billion, according to data compiled by

LSEG.

($1 = 1.4213 Canadian dollars)

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