date:Jul 31, 2014
Adjusted operating income(1) increased by $200 million to $589 million. Excluding Shoppers Drug Mart, adjusted operating income(1) declined by 4.9%.
* Adjusted EBITDA(1) increased by $269 million to $864 million. Excluding Shoppers Drug Mart, Loblaw adjusted EBITDA(1) was flat while Weston Foods adjusted EBITDA(1) declined.
* Adjusted basic net earnings per common share(1) increased to $1.26 from $1.08.
* Free cash flow(1) was $808 million for the second quarter and $394 million year-to-date.
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