TORONTO (AP) _ George Weston Ltd. (WNGRF) on Tuesday reported a first-quarter loss of $41.1 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Toronto-based company said it had a loss of 32 cents. Earnings, adjusted for non-recurring costs, were $1.26 per share.
The baked goods maker and parent of the conglomerate Loblaw posted revenue of $9.75 billion in the period.
George Weston shares have climbed 27% since the beginning of the year. The stock has risen 38% in the last 12 months.
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