- George Weston reported an adjusted earnings per share (EPS) from continuing operations of C$2.58, which was below the estimate of C$2.73.
- Total revenue reached C$14.29 billion, marking a 4% increase year-over-year, slightly exceeding the estimate of C$14.26 billion.
- Loblaw, a subsidiary, recorded revenue of C$14.14 billion, a 4.1% increase year-over-year, surpassing the forecast of C$14.09 billion.
- Choice Properties, another segment, reported revenue of C$347 million, reflecting a 0.6% decline year-over-year and missing the expected C$356.1 million.
- The company’s adjusted EBITDA was C$1.69 billion, representing a 4.1% increase year-over-year, and it met the estimated figure.
- Market analysts have given George Weston 5 buy ratings, 2 hold ratings, and 1 sell rating.
A look at George Weston Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
George Weston Limited, a supermarket operator, has a mixed outlook based on Smartkarma Smart Scores. With a Growth score of 4 and a Momentum score of 4, the company shows strong potential for future expansion and stock price performance. However, its Value and Dividend scores are rated at 2, indicating that the company may not be considered undervalued and may not provide significant dividend returns.
George Weston’s Resilience score of 3 suggests a moderate level of stability and ability to weather economic uncertainties. Overall, while the company demonstrates promising growth and positive momentum, investors may want to consider the valuation and dividend aspects before making investment decisions.
Summary: George Weston Limited operates as a supermarket, processing and distributing food and pharmacy products in Canada, as well as providing real estate services.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
