George Weston Limited (WN.TO), Friday announced third-quarter financial results, reporting a surge of 3,080 percent in net earnings to $477 million, or $1.23 per share, from last years' $15 million, or $0.03 per share.
On an adjusted basis, earnings totaled $533 million, or $1.37 per share, up 15.1 percent from $476 million, or $1.19 per share, in the previous year.
Analysts, on average, estimated earnings of $1.3 per share for the quarter.
Operating income stood at $1,638 million compared to $1,618 million in the prior year.
Revenue rose 4.6 percent, to $19,548 million from $18,685 million last year.
George Weston's stock closed at C$90.13, up 0.49 percent on the Toronto.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.