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Loblaw Corporations Ltd. reported a rise in revenue and income within the first quarter amid elevated visitors to its shops.
The grocery and drugstore retailer additionally raised its quarterly dividend by 15 per cent to 51.3 cents per share, up from 44.6 cents.
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Income on the guardian firm of Loblaws and Buyers Drug Mart jumped to $13.58 billion within the quarter ended March 23, a rise of $586 million in comparison with the earlier 12 months.
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