Food retailer George Weston's Q3 revenue slightly misses estimates

George Weston

14/11/2025 12:13

Overview

George Weston Q3 revenue grows 4.6% yr/yr, slightly missing analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting strong operational performance

Company completed a three-for-one stock split, enhancing share liquidity

Outlook

George Weston expects adjusted net earnings to increase in 2025

Loblaw expects full-year adjusted EPS growth in low double-digits

Choice Properties raises 2025 FFO per unit outlook to C$1.06-C$1.07

Result Drivers

LOBLAW PERFORMANCE - Loblaw's focus on value, convenience, and new store openings drove customer engagement and sales growth

CHOICE PROPERTIES DEMAND - Strong tenant demand in grocery-anchored retail and industrial assets boosted Choice Properties' performance

FAIR VALUE ADJUSTMENT - Positive impact on net earnings from fair value adjustment of Trust Unit liability due to Choice Properties unit price increase

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Miss*
C$19.55 bln
C$19.59 bln (2 Analysts)
Q3 Adjusted EPS
Beat
C$1.37
C$1.31 (5 Analysts)
Q3 EPS
C$1.23
Q3 Adjusted EBITDA
C$2.34 bln
Q3 Adjusted EBITDA Margin
12.00%
Q3 Operating Income
C$1.64 bln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food retail & distribution peer group is "buy"

Wall Street's median 12-month price target for George Weston Ltd is C$101.67, about 11.3% above its November 13 closing price of C$90.13

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nCNWz9Lm3a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)