George Weston Limited operates within the Grocery stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares George Weston Limited with three other
companies in this sector in CANADA :
Empire Co Ltd
(2020
sales of 26.59 billion Canadian Dollars [US$20.95 billion]
of which 100%
was Food retailing),
Loblaw Companies Ltd
(52.71 billion Canadian Dollars [US$41.54 billion]
of which 98%
was Retail), and
Alimentation Couche-Tard Inc
(72.32 billion Canadian Dollars [US$56.99 billion]
of which 71%
was Road Transport Fuel).
Sales Analysis.
During the second
quarter of 2021, sales at George Weston Limited totalled
C$12.93 billion.
This is
an increase of 4.6%
from the C$12.36 billion in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled C$25.28 billion, which is
2.4% higher
than through the first two quarters of 2020.
During the previous 12 quarters, sales at George Weston Limited have increased compared with the same quarter in the previous year.
Sales at George Weston Limited appear to have some seasonality: during each of the previous 9
years, sales have been highest during the third quarter, which has accounted for
between 29.6% and 31.8%
of the annual
sales.
During the year ended December of 2020, sales at
George Weston Limited were C$54.71 billion (US$43.11 billion).
This
is
an
increase of 9.2%
versus 2019, when the company's sales were C$50.11 billion.
This was the fifth consecutive year of sales increases at George Weston Limited
(and since 2015, sales have increased a total of 17%).
Sales of Loblaw saw an increase
of
9.7% in 2020, from
C$48.04 billion to C$52.71 billion.
Not all segments of George Weston Limited experienced an increase in sales in 2020:
sales of Weston Foods fell 4.3% to C$2.06 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
George Weston Limited also experienced decreases in sales in
Choice Properties (down 1.4% to C$1.27 billion)
.