Loblaw says Q2 net earnings fell by $51M due to charges from class-action settlements
Canadian retailer Loblaw Cos. Ltd.’s net income fell 10 per cent in the second quarter from the same time last year, a decrease that the company attributed primarily to charges related to the settlement of class action lawsuits. Income in the second quarter fell to $457 million, or $1.48 per share, from $508 million, or $1.58 per … Read more
