tiprankstipranks
Company Announcements

George Weston Limited Reports Strong 2024 Financial Results

Story Highlights
George Weston Limited Reports Strong 2024 Financial Results

George Weston ( (TSE:WN) ) just unveiled an update.

George Weston Limited reported strong financial results for the fourth quarter and fiscal year 2024, driven by the robust performance of its subsidiaries, Loblaw and Choice Properties. Loblaw achieved significant market share gains in food retail and expanded its network with new stores and clinics, while Choice Properties enhanced its portfolio with substantial real estate transactions and development projects, ensuring stable and growing cash flows.

More about George Weston

George Weston Limited is a Canadian company primarily engaged in the food retail and real estate industries. Its key subsidiaries include Loblaw Companies Limited, which focuses on retail excellence in food and drug stores, and Choice Properties Real Estate Investment Trust, which manages a necessity-based real estate portfolio.

YTD Price Performance: -1.00%

Average Trading Volume: 121,927

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$28.76B

See more insights into WN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1