George Weston Ltd
WN: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 544.00 | Byhhl | Pthbcxkpr |
George Weston Earnings: Loblaw’s Private Label and Drug Strength Boost Performance Despite Inflation
No-moat George Weston’s first-quarter marks trickled in with few surprises, given 99% of its revenue is derived from no-moat Loblaw (reported May 3). We don’t plan a material change to Weston’s CAD 174 fair value estimate and view shares as appropriately valued.