George Weston Q2 FY26 net earnings drop 48.4% to $133 million; revenue rises 4.1% to $15.2 billion

• George Weston posted revenue of $15.2 billion, up 4.1%, while net earnings available to common shareholders fell 48.4% to $133 million.
• Diluted net earnings per common share dropped 47.7% to $0.34; the decline was mainly due to a $113 million fair value adjustment on the Trust Unit liability.
• Adjusted EBITDA rose 6.1% to $1.94 billion; adjusted diluted net earnings per common share climbed 12.9% to $1.14.
• Loblaw retail sales increased 4.1%, including 3.3% growth in food retail, while drug retail sales rose 6.1%.
• Choice Properties delivered Same-Asset NOI growth, supported by robust leasing spreads and strong leasing execution across retail and industrial assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. George Weston Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607310700PRIMZONEFULLFEED9801582) on July 31, 2026, and is solely responsible for the information contained therein.