Loblaw Companies Ltd (TSX:L)
C$ 157.48 0.41 (0.26%) Market Cap: 48.41 Bil Enterprise Value: 65.15 Bil PE Ratio: 23.41 PB Ratio: 4.42 GF Score: 86/100

Q1 2019 Loblaw Companies Ltd Earnings Call Transcript

May 01, 2019 / 02:00PM GMT
Release Date Price: C$64.34 (-1.97%)
Operator

Good morning. My name is Mariama, and I will be your conference operator today. At this time, I would like to welcome everyone to the Loblaw Companies Limited first quarter results conference call. (Operator Instructions)

I would now like to turn the call over to Roy MacDonald, Vice President of Investor Relations. You may begin your conference.

Roy MacDonald
Loblaw Companies Limited - VP of IR

Good morning. Thank you very much, Mariama, and good morning, everybody, on the line. Welcome to Loblaw Companies Limited First Quarter 2019 Results Call. This morning, I am joined by Galen Weston, our Executive Chairman; Sarah Davis, our President; and Darren Myers, our Chief Financial Officer.

Before we begin today's call, I want to remind you that today's discussion will include forward-looking statements, such as the company's beliefs and expectations regarding certain aspects of its financial performance in 2019 and future years. These statements are based on assumptions and reflect management's current expectations and are subject to risks and

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