US EditionGeorge Weston: Q2 Earnings Snapshot
TORONTO, CANADA, JUL 29 – George Weston Ltd. reported adjusted earnings of $401 million, up slightly, but net profit fell to $258 million due to a trust unit liability adjustment, prompting a stock split.
- Tuesday’s report by George Weston Limited shows profit available to common shareholders of $258 million, down from $400 million last year.
- Adjusted earnings showed $401 million or $3.06 per diluted share, surpassing analyst expectations, with a fair value adjustment of a trust unit liability partly explaining the difference.
- Shares will trade ex-dividend on August 19, 2025, after the stock split becomes effective at the close of business on August 18, 2025 for shareholders of record on August 14, 2025.
- Management noted the split will boost liquidity and keep shares accessible to retail investors and employees.
- Prior to the split, common shares will trade on a due bill basis from the opening of business on July 29, 2025, the company says.
18 Articles
18 Articles
George Weston announced on Tuesday that his profit attributable to the common shareholders amounted to 258 million in the second quarter, down from 400 million in the same quarter of the previous year.
Sask Today
George Weston reports $258 million Q2 profit, announces stock split
TORONTO — George Weston Ltd. says its second-quarter profit available to common shareholders amounted to $258 million, down from $400 million in the same quarter last year. The company, which holds large interests in Loblaw Cos. Ltd.
George Weston Limited Announces Three-for-One Stock Split - PressReach
TORONTO, July 29, 2025 /CNW/ – (TSX: WN) – George Weston Limited (“Weston” or “Company”) announced today that its Board of Directors approved a stock split of the Company’s outstanding common shares (“Common Shares”). The split will be implemented by way of a stock dividend where Weston will issue to shareholders two additional Common Shares for each Common Share held (i.e. a three-for-one stock split). The stock split will be effective at the c…
George Weston Reports Q2 2025 Profit Down 35%, Announces 3-for-1 Stock Split
George Weston Limited (TSX: WN) reported a mixed financial performance for the quarter ending June 14, 2025. While revenue rose 5.2% YoY to $14.82 billion, up from $14.09 billion a year ago, net earnings plunged 35.5% to $258 million, down from $400 million in Q2 2024. The sharp decrease was primarily due to an unfavorable $462 million fair value adjustment associated mainly with Choice Properties’ unit price increase of 4.9%. Adjusting for this…
Coverage Details
Bias Distribution
- 73% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
