Eaton's issues another profit warning

Article Abstract:

T Eaton Co Ltd issued another warning that its 1998 results will be worse than anticipated. This is the third time the Toronto, Ontario-based retailer revised its original forecast of making a profit of C$58 million in 1998. The last revision before this predicted a C$29 million loss and an earnings before interest, taxes, depreciation and amortization of C$3 million. In response to its worsening financial picture, analysts expect the company to restructure that could include store closings.

Department Stores, T. Eaton Company Ltd.

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Loblaw plans more price cutting

Article Abstract:

Loblaw Cos. Ltd. is planning to cut down prices further once it begins to feel the full benefits of sweeping cost-cutting efforts, including controversial reductions in its unionized labor expenses. It has been trimming costs in the past few years as it races to keep up with non-unionized Wal-Mart Canada Corp., a low-price leader.

Strategy & planning, Commodity & service prices, Planning, Prices and rates, Company business planning, Company pricing policy

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Loblaw posts 40% profit drop as it scrambles to lower costs

Article Abstract:

The reasons behind 40% decline in profits for Lobalaw Companies Ltd., for fourth quarter 2005, are presented.

Company sales and earnings, Company earnings/profit

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