Roy McDonald
Vice President, Investor Relations
Replay available
Loblaw Companies Limited (TSX: L) Q3 2025 earnings conference call, held 2025-11-12. Replay captured from the company's public earnings webcast.

Vice President, Investor Relations
Chief Financial Officer
President and Chief Executive Officer
Analyst, RBC Capital Markets
Analyst, TD Cowen
Analyst, UPS
Analyst, CIBC
Analyst, Scotiabank
Analyst, National Bank
Analyst, Desjardins
Analyst, BMO Capital Markets
Good morning, ladies and gentlemen, and welcome to the Loblaws, Inc. Third Quarter 2025 Results Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Wednesday, November 12, 2025. I would now like to turn the conference over to Roy McDonald, Vice President, Investor Relations. Please go ahead. Great. Thanks very much, Danny. And good morning, everybody. Welcome to the Loblaw Companies Limited Third Quarter 2025 Conference Call. As usual, I'm joined in the room this morning by Per Bank, our President and Chief Executive Officer, and Richard Dufresne, our Chief Financial Officer. So before we begin the call, I'll remind you that today's discussion will feature forward-looking statements which may include but are not limited to statements with respect to LABLA's 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 our 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 were made. The company disclaims any intent 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 financial measures may be discussed or referred to today, so please refer to our annual reports and other materials filed with...