Loblaw reports Q2 profit of $751M, as revenue and sales up from a year ago

BRAMPTON - Loblaw Cos. Ltd. reported its second-quarter profit and revenue rose compared with a year ago.

The company behind Loblaws and Shoppers Drug Mart says it had a profit attributable to common shareholders of $751 million or 64 cents per diluted share for the 12-week period ended June 20, up from $714 million or 59 cents per diluted share a year earlier.