Written by 5:09 pm Ontario Views: 0

George Weston: 2Q Earnings Snapshot

TORONTO (AP) _ George Weston Ltd. (WNGRF) on Tuesday reported a second-quarter loss of $176.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had a loss of $1.20. Earnings, adjusted for non-recurring costs and amortization costs, were 67 cents per share.

The baked goods maker and parent of the conglomerate Loblaw posted revenue of $8.91 billion in the period.

George Weston shares have declined slightly more than 2% since the beginning of the year. The stock has dropped almost 3% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WNGRF at https://www.zacks.com/ap/WNGRF

The Associated Press

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