Home George Weston Ltd. reports $51-million second-quarter profit, sales up
 

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George Weston Ltd. reports $51-million second-quarter profit, sales up

2015-07-31 13:34:28| Grocery - Topix.net

The grocery and bakery company says the profit amounted to 32 cents per share in the quarter ended June 20. That compared with a loss of $208 million or $1.71 per share a year ago when it took a big charge related to the Loblaw acquisition of Shoppers Drug Mart Corp.. On an adjusted basis, George Weston says it earned a profit of $180 million or $1.33 for the 12-week period, up form an adjusted profit of $169 million or $1.25 per share a year ago.

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