George Weston Ltd
WN: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 771.00 | Zqph | Rhlsjlsl |
No-Moat Weston’s Loblaw Doing Its Best to Digest Elevated Food Inflation; Shares Fairly Valued
With no-moat Loblaw representing 99% of no-moat George Weston’s total revenue and having already announced its fourth-quarter results, there was limited fresh information for investors to consume in the company’s earnings release. We don’t plan a material change to Weston’s CAD 174 fair value estimate and view shares as being appropriately valued.