- George Weston Ltd.'s reported that its third quarter profit was up to the equivalent of $163 million (US), a 12 percent increase over the same period a year ago. Quarterly sales were the equivalent of $6.7 billion, up three percent over the same period last year.
According to the Canadian Press, improved results at the company's Loblaw chain offset a drop in sales at the Weston Foods group.
- Whole Foods Markets Inc. reported fourth quarter earnings of $23.8 million, compared to a profit of $22.0 million during the same period a year earlier.
- Coles Myer of Australia posted a first quarter sales increase of 11.9 percent to the equivalent of $5.1 billion (US). Same-store sales growth was 2.3 percent for the entire company, and 1.7 percent for its food stores.
- PriceSmart, the membership warehouse chain with stores in Latin America, the Caribbean and Asia, reported that October net sales decreased 8.2 percent to $47.3 million from $51.5 million a year earlier. For the four weeks ended October 26, 2003, comparable warehouse sales decreased 10.3 percent compared to the same four-week period last year.
