The number of tariff-hit products at the grocery store could soon spike as pre-tariff inventory runs out, CEO Per Bank said, which means prices for some items will go up too.
Any excuse for Loblaws to raise their prices even higher than they have been.
Devil’s advocate, but this seems logical to me. Loblaws buys products at X price, now plus Y tariff because they now have to import new stock, and logically won’t want to eat the difference because they’re a business.
I’m assuming they’re keeping their margins the same here and just directly passing the cost of tariffs to the end consumer.
This is nothing egregious, though not benevolent. I suggest we keep our Loblaws hate for when they actually do shitty stuff, like colluding over the price of bread.
At least I’ll give them points for clearly marking tariffed products with a T in a triangle so we can avoid them.
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.
Devil’s advocate, but this seems logical to me. Loblaws buys products at X price, now plus Y tariff because they now have to import new stock, and logically won’t want to eat the difference because they’re a business.
I’m assuming they’re keeping their margins the same here and just directly passing the cost of tariffs to the end consumer.
This is nothing egregious, though not benevolent. I suggest we keep our Loblaws hate for when they actually do shitty stuff, like colluding over the price of bread.
At least I’ll give them points for clearly marking tariffed products with a T in a triangle so we can avoid them.
You assume wrong. Their profit margins have gone up. They are now making huge profits.
https://ca.investing.com/news/transcripts/earnings-call-transcript-loblaw-companies-q1-2025-sees-revenue-growth-dividend-boost-93CH-3984595
Can you show where you’re getting the information that margins have gone up? Only references to margins there indicate that they’ve been stable
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.