George Weston Limited (T:WN)
Business Focus: Food Retail & Distribution (NEC)
| Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
| Company Contact | |
| Address: | 22 St. Clair Avenue East TORONTO ON M4T 2S7 |
| Tel: | N/A |
| Website: | https://www.weston.ca/en/Home.aspx |
| IR: | See website |
| Key People | ||
| Galen G. Weston Chairman of the Board, Chief Executive Officer; Executive Chairman and President of Loblaw | Katie Mccullam Chief Strategy Officer | Richard Dufresne President, Chief Financial Officer of the Company and Loblaw |
| Per Bank President and Chief Executive Officer of Loblaw | Rashid Wasti Executive Vice President, Chief Talent Officer | Lina Taglieri Senior Vice President, Group Head, Controller |
| Anemona Turcu Group Chief Risk Officer | John Williams Group Treasurer and Head of Corporate Finance | Andrew Bunston Chief Legal Officer | Jeff Gobeil Group Head - Tax |
| Business Overview |
| George Weston Limited is a Canada-based company. The Company operates through two segments: Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). Loblaw has two reportable operating segments, retail and financial services. Loblaw's retail segment consists primarily of food retail and drug retail. Loblaw provides Canadians with grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise and financial services. Choice Properties owns, manages and develops a high-quality portfolio of commercial and residential properties across Canada. |
| Financial Overview |
| For the 12 weeks ended 23 March 2024, George Weston Ltd revenues increased 5% to C$13.74B. Net income applicable to common stockholders decreased 45% to C$236M. Revenues reflect Choice Properties segment increase of 7% to C$349M, Comparable Store Sales Growth Rate Lobla increase of 10% to 3.4%, Retail Sales-Loblaw increase of 7% to C$13.58B. Net income was offset by Choice Properties segment income decrease of 32% to C$207M. |
| Employees: | 220,000 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $44,767M as of Mar 23, 2024 |
| Annual revenue (TTM): | $60,726M as of Mar 23, 2024 |
| EBITDA (TTM): | $7,074M as of Mar 23, 2024 |
| Net annual income (TTM): | $1,306M as of Mar 23, 2024 |
| Free cash flow (TTM): | $2,990M as of Mar 23, 2024 |
| Net Debt Last Fiscal Year: | $18,810M as of Mar 23, 2024 |
| Shares outstanding: | 133,750,567 as of Apr 17, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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