{{ currentBoardShortName }}
  • Markets
  • Indices
  • Currencies
  • Energy
  • Metals
Markets
As of: {{timeStamp.date}}
{{timeStamp.time}}

Markets

{{ currentBoardShortName }}
  • Markets
  • Indices
  • Currencies
  • Energy
  • Metals
{{data.symbol | reutersRICLabelFormat:group.RICS}}
 
{{data.netChng | number: 4 }}
{{data.netChng | number: 2 }}
{{data | displayCurrencySymbol}} {{data.price | number: 4 }}
{{data.price | number: 2 }}
{{data.symbol | reutersRICLabelFormat:group.RICS}}
 
{{data.netChng | number: 4 }}
{{data.netChng | number: 2 }}
{{data | displayCurrencySymbol}} {{data.price | number: 4 }}
{{data.price | number: 2 }}

Latest Videos

{{ currentStream.Name }}

Related Video

Continuous Play:
ON OFF

The information you requested is not available at this time, please check back again soon.

More Video

Jul 28, 2017

George Weston reports improved Q2 profit, boosted by Loblaw operations

Galen Weston, chairman George Weston Limited

Security Not Found

The stock symbol {{StockChart.Ric}} does not exist

See Full Stock Page »

TORONTO - George Weston Ltd. (WN.TO) reported an improved second-quarter profit compared with a year ago, boosted by its Loblaw operations.

However, the company said its Weston Foods results were below expectations due to challenges in its frozen business.

Weston Foods contributed $24 million in operating income for the quarter, down from $26 million a year ago, while Loblaw had operating income of $624 million, up from $515 million a year ago.

Overall, the company says it earned $160 million attributable common shareholders or $1.23 per diluted share for the 12 weeks ended June 17. That compared with a profit of $133 million or $1.04 per diluted share a year ago.

Sales for the quarter edged up to nearly $11.44 billion compared with nearly $11.08 billion in the same quarter a year ago.

On an adjusted basis, George Weston says it earned $216 million or $1.67 per share for the quarter, up from $200 million or $1.56 per share a year ago.