George Weston posts profit of $123.1 million in third quarter

TORONTO – TORONTO (AP) _ George Weston Ltd. (WNGRF) on Tuesday reported third-quarter net income of $123.1 million.

On a per-share basis, the Toronto-based company said it had profit of 88 cents. Earnings, adjusted for one-time gains and costs, were $1.27 per share.

The baked goods maker and parent of the conglomerate Loblaw posted revenue of $11 billion in the period.

George Weston shares have decreased nearly 6 per cent since the beginning of the year. The stock has fallen slightly more than 8 per cent in the last 12 months.


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Keywords: George Weston, Earnings Report