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George Weston reports Q4 profit compared to loss a year earlier
George Weston Ltd. reported a Q4 profit of $664 million ($5.05 per diluted share) compared to a loss of $38 million ($0.30 per diluted share) in the same quarter a year earlier. CEO Galen Weston attributed the strong performance to consistent and positive contributions from its operating businesses, including Loblaw Companies Ltd. and Choice Properties. Revenue rose to $15.1 billion from $14.7 billion in the prior year.
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