(Reuters) – Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates on Wednesday, hurt by a slowdown in the demand for its non-essential goods such as apparel, household items and electronics.
The company’s revenue rose to C$18.54 billion ($13.28 billion) from C$18.27 billion a year earlier, compared with analysts’ average estimates of C$18.65 billion, according to data compiled by LSEG.
($1 = 1.3960 Canadian dollars)
(Reporting by Neil J Kanatt in Bengaluru; Editing by Shreya Biswas)
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