- George Weston reported 2Q revenue of C$14.09 billion, up 1.5% year-over-year, but below the estimate of C$14.35 billion.
- Loblaw’s revenue came in at C$13.95 billion, an increase of 1.5% year-over-year, but missed the estimate of C$14.2 billion.
- Choice Properties’ revenue was C$336 million, up 1.8% year-over-year, but below the forecast of C$345.4 million.
- Adjusted EBITDA matched expectations at C$1.81 billion, achieving a growth of 4.2% year-over-year.
- Galen G. Weston, Chairman and CEO, remarked that the strong results reflect consistent operational and financial performance.
- Analyst ratings for George Weston include 5 buys, 1 hold, and 1 sell.
A look at George Weston Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| 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 in Canada, is showing a promising long-term outlook according to Smartkarma Smart Scores. With a top score of 5 in Growth and a solid score of 4 in Momentum, the company is projected to experience significant growth and maintain positive momentum in the market. This indicates that George Weston is positioned well for expansion and upward movement in the future.
Although the scores for Value, Dividend, and Resilience are moderate, the high scores in Growth and Momentum overshadow these areas. Overall, George Weston appears to have a positive trajectory, supported by its strong growth potential and market momentum. Investors may view this as a favorable indication of the company’s long-term prospects in the industry.
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.
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