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George Weston Limited (T:WN)

Business Focus: Food Retail & Distribution

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
See Regulatory Filings on SEDAR
Company Contact
Address: 1901-22 St Clair Ave E
Tel: N/A
IR: See website
Key People
Galen G. Weston
Chairman of the Board, Chief Executive Officer
Richard Dufresne
Executive Vice President, Chief Financial Officer
Sarah Ruth Davis
President of Loblaw
Andrew Bunston
Vice President, Legal and Secretary
Business Overview
George Weston Limited is a holding company engaged in food processing and distribution business. The Company, through its two operating segments, Weston Foods and Loblaw, holds cash, short-term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Weston Foods operating segment includes a fresh bakery business in Canada, and frozen, artisan style bakery and biscuit businesses throughout North America. The Loblaw segment, which is operated by Loblaw Companies Limited, is a food and pharmacy retailer, and the majority unitholder of Choice Properties. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, retail banking, credit card services, insurance and wireless mobile products and services. Choice Properties owns, develops and manages income-producing retail and commercial properties.
Financial Overview
For the 40 weeks ended 05 October 2019, George Weston Limited revenues increased 3% to C$38B. Net loss applicable to common stockholders totaled C$235M vs. income of C$259M. Revenues reflect Loblaw segment increase of 2% to C$36.45B, Weston Foods segment increase of 1% to C$1.63B, Comparable Store Sales Growth Rate - Lob increase of 30% to 3.4%, Retail Sales - Total increase of 3% to C$38B.
Employees: 203,238 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $32,522M as of Oct 5, 2019
Annual revenue (TTM): $49,719M as of Oct 5, 2019
EBITDA (TTM): $5,158M as of Oct 5, 2019
Net annual income (TTM): $36.00M as of Oct 5, 2019
Free cash flow (TTM): $1,740M as of Oct 5, 2019
Net Debt Last Fiscal Year: $18,672M as of Oct 5, 2019
Shares outstanding: 153,891,597 as of Oct 21, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization