And what really matters is how much the consumer has left in their pockets when all is said and done.
Daryl
joined 1 month ago
Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca
The devil is in the details. Read what the report does NOT say. If dividends increase, profit has gone up. The profit goes up, because the margins have gone up. Volume has not increased as much as the profit..
'Absolute sales grew 4%', but 'Adjusted EPS grew by 9.3%'. The earnings per share (profit) grew twice the rate of absolute sales.
Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca
Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca
Just to put this in perspective, Loblaws profits are going up.
What are they doing with this profit? Not helping Canadian farmers and producers. that is for sure.
"The company announced a 10% increase in dividends and repurchased $457 million in shares."
They are buying back their own shares. Potential investment money gone to waste.
Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca
Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca
36
Open Letter from CEO Greg Twinney: General Fusion at a Crossroads | General Fusion
(generalfusion.com)
9
Ontario has new path to budget balance, Ford signals amid need for tariff relief
(toronto.citynews.ca)
But it DOES sent Trump a strong message. I am sure he expected the Canadian market to completely tank.
No idea how he will respond to this news. however. I expect at least a verbal broadside shortly.