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Profile

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.
URL https://www.weston.ca
Investor Relations URL https://www.weston.ca/en/Investor-Centre.aspx
HQ State/Province Ontario
Sector Consumer Defensive
Industry Grocery Stores
Equity Style Large Cap/Blend
Next Earnings Release May. 09, 2024 (est.)
Last Earnings Release Feb. 28, 2024
Next Ex-Dividend Date Mar. 14, 2024
Last Ex-Dividend Date Dec. 14, 2023

Profile

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.
URL https://www.weston.ca
Investor Relations URL https://www.weston.ca/en/Investor-Centre.aspx
HQ State/Province Ontario
Sector Consumer Defensive
Industry Grocery Stores
Equity Style Large Cap/Blend
Next Earnings Release May. 09, 2024 (est.)
Last Earnings Release Feb. 28, 2024
Next Ex-Dividend Date Mar. 14, 2024
Last Ex-Dividend Date Dec. 14, 2023