George Weston
George Weston Ltd (GWL) is a food processing and distribution company that operates retail stores and pharmacies. The company is also involved in the real estate and financial service business. It offers a wide range of products at its stores including food and grocery products, medical drugs, health and beauty products, apparel, general merchandise, and banking services. The company also manages and operates real estate which leases out to commercial customers. GWL offers its products to wholesale, bakeries, regional supermarkets, convenience stores, foodservice distributors, and other food retailing customers. It markets products and services under President's Choice, Life Brand, no name, PC Money, PC Optimum, and Farmer's Market brand names. The company has a business presence across Canada and the US. GWL is headquartered in Toronto, Ontario, Canada.
The company reported revenues of (Canadian Dollars) CAD53,748 million for the fiscal year ended December 2021 (FY2021), a decrease of 1.7% over FY2020. In FY2021, the company’s operating margin was 7.5%, compared to an operating margin of 5.3% in FY2020. In FY2021, the company recorded a net margin of 0.8%, compared to a net margin of 1.8% in FY2020.