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  5. L: Hello my 5i friends - We have positions in both PBH and L. [Loblaw Companies Limited]
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Q: Hello my 5i friends - We have positions in both PBH and L. I am thinking of consolidating into just L. Is this a meritorious move for the long term.

thanks Al
Asked by alex on March 19, 2026
5i Research Answer:

We like PBH still, but L is much larger and safer, and has also outperformed PBH, and we would be fine with a consolidation unless one is particularly more aggressive within the sector. 

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