Loblaws and SDM quarterly profit up to $508 million

Revenue across all of the company's businesses came in at $13.7 billion — an increase of $891 million, or almost seven per cent.

The company says the growth in its food division is led by discount stores, as consumers continue to push back against stubbornly high inflation.

#Food #FoodPrices #Canada #QuarterlyProfit #Inflation #FuckCapitalism

https://www.cbc.ca/news/business/loblaw-earnings-1.6918130