Loblaw Companies Limited (L) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Loblaw Company's limited 2026 first quarter results conference call. This call is being recorded on Wednesday, May 6th, 2026. After the speakers, we will conduct a question and answer session. Please ask that you limit yourself to one question and one follow up if needed. Thank you. If you'd like to ask a question at that time, please press star, then the number one on your telephone keypad to raise your hand and enter the queue. If you would like to withdraw your question at any time, you can simply press star 1 again. I would now like to turn the conference over to Roy McDonald, Vice President, Ambassador Relations. Great. Thanks very much, Colby, and good morning, everybody. Welcome to the Loblaw Companies Limited first quarter 2026 results conference call. As usual, I'm joined this morning by Per Bank, our President and CEO, and by Richard Dufresne, our CFO. And before we begin, I want to remind you that today's discussion will include forward-looking statements, which may include but are not limited to statements with respect to levels of anticipated future results. These statements are based on assumptions and reflect management's current expectations. As such, are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from expectations. These risks and uncertainties are discussed in the company's materials filed with the Canadian securities regulators. Any forward-looking statements speak only of the date they are made, and the company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than what's required by law. Also, certain non-GAAP fin...