Loblaw Companies Limited (L) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Loblaws Companies Limited 2025 Fourth Quarter and Full Year 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, then the number zero on your telephone keypad, and an operator will come to the line to assist you. This call is being recorded on Wednesday, February 25th, 2026. I would now like to turn the conference over to Roy McDonald, Vice President, Investor Relations. Please go ahead. Thank you very much and good morning, everybody. Welcome to the Loblaw Company's limited fourth quarter and full year 2025 results conference call. As usual, I'm joined here this morning by Per Bank, our President and Chief Executive Officer, and by Richard Dufresne, our Chief Financial Officer. So before we begin today, I'll remind you that today's discussions will include forward-looking statements, which may include but are not limited to statements with respect to Loblaw'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. And these risks and uncertainties are discussed in the company's financial materials filed with the Canadian securities regulators. Any forward-looking statements speak only of the date they are made. 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-...