George Weston Limited
George Weston Limited[edit | edit source]
Company type | Public |
---|---|
TSX: WN | |
Industry | Retail |
Founded | 1882 |
Founder | George Weston |
Headquarters | Toronto, Ontario, Canada |
Key people | Galen G. Weston (Chairman and CEO) |
Revenue | CA$ 48.6 billion (2019) |
CA$ 2.2 billion (2019) | |
CA$ 1.6 billion (2019) | |
Total assets | CA$ 43.2 billion (2019) |
Total equity | CA$ 13.8 billion (2019) |
Number of employees | 200,000 (2019) |
Parent | Loblaw Companies Limited |
Website | georgewestonlimited.ca |
George Weston Limited is a Canadian retail company founded in 1882 by George Weston. It is headquartered in Toronto, Ontario, Canada. The company is publicly traded on the Toronto Stock Exchange under the ticker symbol TSX: WN.
Overview[edit | edit source]
George Weston Limited operates through its various subsidiaries in the retail industry. The company's primary subsidiary is Loblaw Companies Limited, one of the largest food and pharmacy retailers in Canada. Loblaw operates a network of grocery stores, pharmacies, and other retail outlets across the country.
History[edit | edit source]
George Weston Limited was established in 1882 by George Weston, who started a bakery in Toronto. Over the years, the company expanded its operations and diversified into various sectors of the retail industry. In 1947, George Weston Limited acquired Loblaw Groceterias, which eventually became its primary subsidiary.
Leadership[edit | edit source]
The current Chairman and CEO of George Weston Limited is Galen G. Weston. He has been leading the company since 2006 and has played a significant role in its growth and success.
Financial Performance[edit | edit source]
In 2019, George Weston Limited reported a revenue of CA$
48.6 billion, operating income of CA$ 2.2 billion, and net income of CA$ 1.6 billion. The company's total assets were valued at CA$ 43.2 billion, with equity amounting to CA$ 13.8 billion. As of 2019, George Weston Limited employed approximately 200,000 people.
References[edit | edit source]
External links[edit | edit source]
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