- George Weston Ltd., owner of Loblaws Cos. in Canada, reported fourth quarter earnings the equivalent of $152 million (US), down from $157 million during he same period a year ago. Annual profits rose to $452 million (US) from $381 million a year ago.
Quarterly sales were up seven percent to $4.3 billion (US), while annual sales were up 11.3 percent to $17.9 billion (US).
- KC's View:
