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George Weston Ltd. reports second-quarter net loss on higher total sales | Canadian Business

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Posted in July
The Canadian Press

George Weston Ltd. (TSX:WN) has reported a second-quarter loss of $208 million as it digested the acquisition of Shoppers Drug Mart by its Loblaws Companies Ltd. (TSX:L) subsidiary.

The loss amounted to $1.71 per share for the quarter and compared with a profit of $97 million, or 68 cents per share, in the same quarter last year.

http://www.canadianbusiness.com/business-news/george-weston-ltd-reports-second-quarter-net-loss-on-higher-total-sales/
 

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