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George Weston Ltd (WN.TO)

WN.TO on Toronto Stock Exchange

110.58CAD
15 Dec 2017
Change (% chg)

$0.66 (+0.60%)
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$109.92
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Volume
325,567
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$125.67
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Latest Key Developments (Source: Significant Developments)

George Weston reports Q3 adjusted earnings per share of $2.14‍​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - George Weston Ltd :George Weston limited reports third quarter 2017 results(2).George Weston Ltd qtrly adjusted earnings per share $2.14‍​.George Weston Ltd qtrly ‍shr $3.25​.George Weston Ltd qtrly sales $14.65 billion versus $14.61 billion.George Weston Ltd - ‍subsequent to end of Q3, Weston Foods announced planned closure of unprofitable facility in U.S..George Weston Ltd - ‍ management expects to make capital investments of approximately $220 million in 2017​ for Weston Foods.George Weston Ltd - ‍performance of frozen business is "not expected to improve materially" in Q4 of 2017 for Weston Foods​.George Weston Ltd - Weston Foods expects closure of unprofitable facility in U.S. to be completed in Q1 of 2018​.George Weston -for 2017, sees growth in net earnings to be driven by net earnings increase at Loblaw, positive impact of increased ownership in Loblaw​.George Weston Ltd - management is "in the process of reviewing the strategy" in light of challenges at frozen foods business.Q3 earnings per share view c$2.15 -- Thomson Reuters I/B/E/S.George Weston Ltd - ‍Weston Foods expects adjusted EBITDA in Q4 of 2017 to trend in a similar fashion to Q3 of 2017 when compared to prior year​.  Full Article

‍Loblaw Companies says co, George Weston confirmed they are aware of an industry-wide investigation by the competition bureau​
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Loblaw Companies Ltd :‍Loblaw Companies - co, George Weston confirmed that they are aware of an industry-wide investigation by the competition bureau​.  Full Article

George Weston posts Q1 earnings of $0.29/share
Tuesday, 10 May 2016 

George Weston Ltd : George Weston Limited reports 2016 first quarter results and announces a 3.5% increase to quarterly common share dividend . Q1 earnings per share $0.29 . Q1 adjusted earnings per share $1.31 . Q1 sales $ 10.80 billion versus $10.41 billion . Q1 earnings per share view c$1.29, revenue view c$10.80 billion -- Thomson Reuters I/B/E/S . Announces $0.44 per common share dividend declared . George Weston Ltd sees sales growth generated by new capacity and productivity improvements to drive an increase in adjusted EBITDA in 2016 . Expects to make capital investments of approximately $300 million in 2016. . Increase in adjusted EBITDA expected to be greater in second half of year as new plant capacity and capability come on-line . In 2016, Loblaw expects to deliver positive same-store sales and stable gross margin in its retail segment . In 2016, Loblaw expects to grow adjusted net earnings; invest approximately $1.3 billion in capital expenditures .For 2016, company expects growth in net earnings to be driven by an increase in net earnings at Loblaw.  Full Article

BRIEF-‍Loblaw Companies says co, George Weston confirmed they are aware of an industry-wide investigation by the competition bureau​

* ‍Loblaw Companies - co, George Weston confirmed that they are aware of an industry-wide investigation by the competition bureau​ Source text for Eikon: Further company coverage: