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8 hours ago · Finally, TD Securities raised their target price on shares of George Weston from C$226.00 to C$227.00 and gave the stock a "buy" rating in a report on Monday, May 6th. Read Our Latest Analysis on George Weston George Weston Price Performance. Shares of WN opened at C$206.96 on Wednesday. George Weston has a twelve month low of C$144.41 and a ...
George Weston Limited, often referred to as Weston or Weston's, is a Canadian holding company. Founded by George Weston in 1882, the company today consists of the Choice Properties real estate investment trust and Loblaw Companies Limited, Canada's largest supermarket retailer, in which it maintains a controlling interest.
Jun 14, 2024 · Detailed statistics for George Weston Limited (TSX: WN) stock, including valuation metrics, financial numbers, share information and more.
- 58.75%
- 4.12%
- 1.29%
- 132.52M
- GEORGE WESTON LIMITED 2021 ANNUAL REPORT
- Basis for Opinion
- Why the matter is a key audit matter
- How the matter was addressed in the audit
- Why the matter is a key audit matter
- How the matter was addressed in the audit
- Responsibilities of Management and Those Charged with Governance for the Financial Statements
- Auditors’ Responsibilities for the Audit of the Financial Statements
- LEASES
- PROVISIONS
97 Management of George Weston Limited is responsible for the preparation, presentation and integrity of the accompanying consolidated financial statements, Management’s Discussion and Analysis and all other information in the Annual Report. This responsibility includes the selection and consistent application of appropriate accounting principles a...
We conducted our audit in accordance with Canadian generally accepted auditing standards. Our responsibilities under those standards are further described in the “Auditors’ Responsibilities for the Audit of the Financial Statements” section of our auditors’ report. We are independent of the Entity in accordance with the ethical requirements that ar...
We identified the evaluation of impairment of certain non-financial assets, specifically fixed assets and right-of-use assets, for food retail locations as a key audit matter. Food retail assets comprised the largest portion of the Loblaw operating segment tested for impairment. This matter represented an area of significant risk of material missta...
The primary procedures we performed to address this key audit matter included the following: We evaluated the design and tested the operating effectiveness of the control over the Entity’s review of the recoverable amount of the CGU. This control included the review of estimates used to determine the recoverable amount. For a selection of food reta...
We identified the evaluation of the fair value of income producing properties as a key audit matter. This matter represented an area of significant risk of material misstatement given the magnitude of income producing properties and the high degree of estimation uncertainty in determining the fair value of income producing properties. Significant a...
The primary procedures we performed to address this key audit matter included the following: For a selection of income producing properties, we assessed the Entity’s ability to accurately forecast by comparing the Entity’s future cash flows over the holding period used in the prior year’s fair value of income producing properties to actual results....
Management is responsible for the preparation and fair presentation of the financial statements in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and for such internal control as management determines is necessary to enable the preparation of financial statements ...
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Canad...
As a Lessee At inception of a contract, the Company determines whether a contract is or contains a lease. A contract is or contains a lease if the contract gives the Company the right to control the use of an identified asset for the duration of the lease term in exchange for consideration. When a contract contains both lease and non-lease compone...
Judgments made in Relation to Accounting Policies Applied The recording of provisions requires management to make certain judgments regarding whether there is a present legal or constructive obligation as a result of a past event, it is probable that the Company will be required to settle the obligation and if a reliable estimate of the amount of ...
Feb 28, 2024 · George Weston Limited (TSX: WN) ("GWL" or the "Company") today announced its consolidated unaudited results for the 12 weeks ended December 31, 2023(2).
- CNW Group
George Weston seeks to invest in businesses that generate positive cash flows through stable, high-quality operations, leveraging its expertise in retail, real estate and related businesses.
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In 2017, Galen G. Weston was appointed CEO of George Weston Limited. In 2018, as part of GWL’s transformation initiative and long-term commitment to create shareholder value, the Company completed a reorganization where Loblaw spun out its
