George Weston Ltd
WN: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !F | LOCK|?D | LOCK|%J<?<f |
George Weston Earnings: Resilient Retail Performance in Weak Consumer Environment; Shares Overvalued
George Weston reported first-quarter revenue growth of 4.2% to CAD 14.6 billion, driven by a 4.2% sales lift at subsidiary Loblaw (99% of sales). Adjusted EBITDA increased 6.2% to CAD 1.7 billion, with the margin 30 basis points higher to 11.7%, benefiting from operating leverage.
