Company Earnings Update 3 minutesRegister for Free AccessLoblaw (TSX: L) 1Q19 Results: Comp Growth Strengthens in Retail Coresight Research May 2, 2019 Executive Summary In 1Q19, ended March 23, Loblaw reported strengthening in same-store growth in both its food retail and drug retail segments. Operating income and adjusted EBITA were impacted by the IFRS 16 accounting change. Adjusted EBITDA of was up 42%, or C$313 million, and comfortably exceeded expectations Management maintained FY19 guidance for positive same-store sales and a stable gross margin in the retail segment. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Shoptalk 2024 “Shark Reef” Startup Pitch Competition: Preview—12 Innovators, Four Areas of Retail DisruptionWeekly US and UK Store Openings and Closures Tracker 2024, Week 14: Aldi Announces UK Store Expansion PlanIndia Retail Insights: Key Takeaways for Retail from Union Budget 2023Retail-Tech Landscape: Checkout Solutions