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Canadian holding company controlling Loblaw, Canada's largest grocery retailer, plus Choice Properties REIT and a baked-goods business.
Canadian holding company controlling Loblaw, Canada's largest grocery retailer, plus Choice Properties REIT and a baked-goods business.
Mostly a holding company: earnings come from Loblaw, in which it holds a controlling stake, and from Choice Properties, the real-estate trust that owns many Loblaw stores. It sold its Weston Foods bakery business in 2021. The Weston family controls it through Wittington Investments.
In one line: A holding-company parent of a Kroger-scale grocer.
Moat: narrow (scale, distribution, brand). Controlling stake in Canada's largest grocery/pharmacy retailer with national scale distribution.
Headquarters: Toronto, Canada · Founded: 1882 · Employees: 220,000
Size George Weston (WN.TO) is a Canada Consumer Staples company (Food Retail) with a market value of $29.0B, the 38th largest of 420 Canada companies the cockpit tracks. Shares closed at C$109.28 on 6 Nov 2026.
Performance Over six months the shares gained 15.2%, against +15.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 8th lowest of 17 in its peer set.
Growth Revenue grew 3.7% over the last twelve months (peer median +3.2%); the operating margin is 9.1% (peer median 4.3%).
Valuation It trades at 21.0× forward earnings against a peer median of 17.6× (6th most expensive of 16).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.1 points above its cost of capital (5.5% WACC).
Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$65.2B | C$64.5B | C$60.7B | C$60.1B | C$57.0B |
| Revenue growth | — | +6% | +1% | +5% | — |
| Gross profit | C$20.6B | C$20.6B | C$19.4B | C$19.6B | C$18.5B |
| EBITDA | C$8.24B | C$8.29B | C$7.25B | C$7.13B | C$6.69B |
| Net income | C$1.04B | C$1.14B | C$1.36B | C$1.54B | C$1.82B |
| Free cash flow | C$4.26B | C$3.23B | C$3.10B | C$3.01B | C$2.60B |
| Capital expenditure | C$2.35B | C$2.41B | C$2.40B | C$2.34B | C$1.89B |
| Total debt | C$19.9B | C$19.6B | C$22.2B | C$21.3B | C$20.6B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| George Weston WN.TO | $29.0B | +15% | +4% | 9% | 21.0× | -7.3% |
| Metro MRU.TO | $14.6B | +11% | +3% | 6% | 19.4× | -0.7% |
| Empire EMP-A.TO | $7.85B | +7% | +2% | 4% | 13.6× | -2.7% |
| Costco COST | $467B | +4% | +10% | 4% | 46.2× | 19.9% |
| Walmart WMT | $996B | -4% | +6% | 4% | 41.8× | 14.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | WN.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.7% | +7.9% | 9th highest of 17 |
| 6-month return | +15.2% | +15.6% | 8th lowest of 17 |
| Distance from 52-week high | -2.8% | -6.5% | 6th highest of 17 |
| Revenue growth (TTM) | +3.7% | +3.2% | 8th highest of 17 |
| Operating margin | 9.1% | 4.3% | 2nd highest of 17 |
| Forward P/E | 21.0× | 17.6× | 6th most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | -7.3% | 4.4% | 2nd least demanding of 17 |
| Growth delivered (Del g) | +3.9% | +4.6% | 6th lowest of 17 |
| Hurdle (Req g minus delivered) | -11.2 pp | -5.1 pp | 4th least demanding of 17 |
| ROIC minus cost of capital | +8.1 pp | +3.4 pp | 2nd highest of 17 |
| EV / EBITDA | 8.2× | 9.0× | 6th cheapest of 16 |
| Net debt / EBITDA | 2.2× | 2.4× | 8th least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| George Weston WN.TO | Canada | $29.0B | +15% | +4% | 9% | 21.0× | -7.3% | +3.9% |
| Seven & I 3382.T | Japan | $31.7B | +16% | -11% | 4% | 17.4× | 4.0% | +12.6% |
| Koninklijke Ahold Delhaize AD.AS | Netherlands | $33.3B | -6% | 0% | 4% | 12.7× | -7.0% | +4.3% |
| Woolworths WOW.AX | Australia | $35.8B | +29% | +4% | 4% | 28.8× | 8.8% | +5.1% |
| Kroger KR | United States | $40.0B | +4% | +2% | 3% | 13.1× | -6.0% | +2.2% |
| Coles COL.AX | Australia | $21.0B | +7% | +3% | 4% | 24.4× | 5.5% | +3.3% |
| Tesco TSCO.L | United Kingdom | $46.2B | +21% | +5% | 4% | 17.5× | 5.9% | +5.0% |
| Loblaw Companies L.TO | Canada | $57.0B | +16% | +4% | 7% | 26.1× | -1.0% | +3.9% |
| Metro MRU.TO | Canada | $14.6B | +11% | +3% | 6% | 19.4× | -0.7% | +4.1% |
| Uni-president Enterprises 1216.TW | Taiwan | $13.2B | +11% | +1% | 5% | 17.6× | 0.6% | +8.5% |
| Kesko KESKOA.HE | Finland | $11.3B | +23% | +6% | 5% | 20.6× | 4.8% | +3.2% |
| BBB Foods TBBB | United States | $10.8B | +72% | +52% | 1% | n/a | 49.9% | +37.1% |
| J Sainsbury SBRY.L | United Kingdom | $10.4B | +16% | -3% | 3% | 14.9× | 7.8% | +3.0% |
| Dino Polska DNP.WA | Poland | $9.36B | +31% | +14% | 6% | 22.2× | 17.9% | +27.1% |
| MIXUE 2097.HK | Hong Kong | $8.80B | -37% | +35% | 20% | 11.5× | -18.5% | +32.1% |
| Zabka ZAB.WA | Poland | $8.11B | +41% | +14% | 8% | 25.3× | 6.3% | +19.3% |
| Empire EMP-A.TO | Canada | $7.85B | +7% | +2% | 4% | 13.6× | -2.7% | +2.5% |