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George Weston: 1Q Earnings Snapshot

TORONTO (AP) _ George Weston Ltd. (WNGRF) on Tuesday reported a first-quarter loss of $359.5 million, after reporting a profit in the same period a year earlier.

The Toronto-based company said it had a loss of $2.39 per share. Earnings, adjusted for non-recurring costs, were 98 cents per share.

The baked goods maker and parent of the conglomerate Loblaw posted revenue of $8.4 billion in the period.

George Weston shares have increased 16% since the beginning of the year. The stock has fallen 7% in the last 12 months.


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