George Weston reports fourth-quarter profit and sales up from year ago - News Summed Up

George Weston reports fourth-quarter profit and sales up from year ago


The company says it earned $271 million attributable to its common shareholders or $1.86 per diluted share for the quarter ended Dec. 31. TORONTO - George Weston Ltd. reported its fourth-quarter profit rose compared with year ago as its sales edged higher. That compared with a profit of $34 million or 27 cents per share in the same period a year earlier, when it had fewer shares outstanding. Sales totalled $11.72 billion, up from $11.40 billion a year earlier. On an adjusted basis, George Weston says it earned $1.59 per share for its most recent quarter, down from $1.76 per share a year earlier due to the increase in the number of shares in the most recent quarter.


Source: thestar February 26, 2019 12:00 UTC



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