Loblaw Companies Limited · TSX:L
Loblaw Companies — Q2 2015 Earnings Presentation
8 slides from Loblaw Companies's earnings presentation, Jul 23, 2015
Slide 1: Q2 2015 Supplementary Slides
Q2 2015 Supplementary Slides July 23, 2015 1
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation for Loblaw Companies Limited (“Loblaw” or “the Company”) contains forward-looking statements about the Company’s objectives, plans, goals, aspirations, strategies, financial condition, results of operations, cash flows, performance, prospects, opportuniti
Slide 3: Key Financial Metrics – Consolidated – Q2 2015
Key Financial Metrics – Consolidated – Q2 2015 Consolidated Revenue $10,535M, +2.2% Consolidated Adjusted EBITDA $857M, +7.9% Consolidated Adjusted Operating Income $612M, +14.4% Adjusted Basic Net Earnings Per $0.85, +14.9% Common Share Net Efficiencies Achieved (Food Retail) Supply Chain, Admin an
Slide 4: Key Financial Metrics – Retail Segment – Q2 2015
Key Financial Metrics – Retail Segment – Q2 2015 Total Retail Revenue $10,318, +2.2% Retail Revenue – Food Retail (Loblaw) $7,629M, +1.9% Retail Revenue – Drug Retail (Shoppers Drug Mart) $2,689M, +3.1% $2,752 (+3.8%); 26.7% (+40bps) Excluding the negative Retail Adjusted Gross Profit and Margin imp
Slide 5: Key Operational Metrics – Food Retail (Loblaw) – Q2 2015
Key Operational Metrics – Food Retail (Loblaw) – Q2 2015 Food Retail Same-Store Sales +4.2% (ex Gas Bar (+120bps) and the negative impact of a change in the distribution model by a tobacco supplier (+90bps); Growth including these items food retail comp SSS was +2.1%) Basket Size Increased Traffic I
Slide 6: Key Operational Metrics – Drug Retail (Shoppers Drug Mart)
Key Operational Metrics – Q2 2015 Drug Retail (Shoppers Drug Mart) Pharmacy Sales $1,274M, +2.9% Pharmacy SSS +3.9% # Rx Dispensed (Rx Count) +4.3% (+5.0% on same store sales basis) Average Rx Value -0.5% Generic Penetration 64.6% (vs. 62.8% Q2 2014) Front of Store Sales $1,415M, +3.2% Front of Stor
Slide 7: Adjusted Debt by Segment
Adjusted Debt by Segment $ Millions Q2 2015 Retail PCF REIT (a) Con. & Elim. Bank Indebtedness $ 275 $ 275 $ - $ - $ - Short term debt 505 - 505 ‐ ‐ Long term debt due within one year 1,009 573 436 ‐ - Long term debt 10,053 6,613 935 7,175 (4,670) Trust Unit Liability 756 - - - 756 Capital securitie
Slide 8: Adjusted Debt
Adjusted Debt Adjusted Debt at Acquisition $11,060 $1.5B Choice Properties REIT Monetization 1,500 Repayment of Term Loan (2,271) ($1,065) 4.85% MTN Matured and Repaid (350) Other 56 Year End 2014 Reported Adjusted Debt $9,995 $207M Repayment of Term Loan (207) $122M Repayment of REIT Cr