The Canadian grocer posted earnings Wednesday that beat analysts’ expectations for profit and revenue, according to data from S&P Global Market Intelligence. On an earnings call, executives cited strong demand at its pharmacies and discount stores, as well as a doubling of customers buying Canadian products both in stores and online. (The Logic)

Talking point: U.S. President Donald Trump’s trade war is battering global stocks and could push Canada into a recession, but Loblaw continues to find ways to come out ahead. The Brampton-based grocer added features to make it easier to find domestically produced products  in February in response to demand from consumers looking for a way to offset the impact of tariffs. The retailer has also intensified its focus on its discount brands amid demand from cost-conscious shoppers. CEO Per Bank isn’t counting on the Buy Canadian trend to last, saying on a call with analysts that “maybe a third of it will stick.”