Loblaw senior officer Frank Gambioli sold 14,840 shares for C$2.33M on May 24, while Q1 EPS surpassed estimates and a C$162.
Loblaw Companies Limited (TSE:L) senior officer, Frank Gambioli, sold 14,840 shares of the company's stock on May 24 at an average price of C$157, amounting to a total transaction of C$2.33M. The company reported a Q1 EPS of C$1.72, surpassing consensus estimates by C$0.02. A consensus target price of C$162.43 has been set by six brokerages covering Loblaw, with a "Moderate Buy" recommendation.
May 30, 2024
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