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Shoppers Drug acquisition helps Loblaw more than double Q4 profit to $247 million

2015-02-26 15:11:46| Grocery - Topix.net

Loblaw Companies Ltd. more than doubled its fourth-quarter profit last year, primarily as a result of its acquisition of Shoppers Drug Mart. Net income for the grocery, pharmacy and clothing retailer was $247 million, up $133 million or 117 per cent, while adjusted net earnings rose 146 per cent to $396 million.

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CIBC Raises Dividend as Profit Slips

2015-02-26 15:11:45| Grocery - Topix.net

Canadian Imperial Bank of Commerce raised its quarterly dividend as its fiscal first-quarter profit fell 22% on lower profits from its retail and business banking operation.

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L Brands cautious despite 15% Q4 profit rise

2015-02-26 13:22:00| Daily apparel & textile news and comment - from just-style.com

Victoria's Secret and La Senza owner L Brands posted a double-digit fourth quarter profit rise - but worried analysts with cautious guidance for fiscal 2015.

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TJX beats estimates with 15% Q4 profit increase

2015-02-26 13:12:00| Daily apparel & textile news and comment - from just-style.com

Across-the-board sales and comps increases for its divisions helped cut-price retail group The TJX Companies to record a 15% lift in fourth-quarter net profit.

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Billabong returns to profit in H1

2015-02-26 13:06:00| Daily apparel & textile news and comment - from just-style.com

Ailing surfwear business Billabong International returned to profitability in its first half, but cautioned that the company's turnaround strategy remained in its early stages.

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