George Weston Reports Strong Operating Performance Offset by Earnings Impact of Fair Value Adjustment Related to Choice Properties Unit Price Gain of 4.9%

About this update from Choice Properties Real Estate Investment Trust

[{"type":"text","content":"TORONTO, July 29, 2025 /CNW/ - George Weston Limited (TSX: WN) ("GWL" or the "Company") today announced its consolidated unaudited results for the 12 weeks ended June 14, 2025(2).","length":204,"tagName":"p"},{"type":"image","alt":"George Weston Limited Logo (CNW Group/George Weston Limited)","displaySize":"","headline":null,"caption":"George Weston Limited Logo (CNW Group/George Weston Limited)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":117,"url":"https://media.zenfs.com/en/cnwgroup.com/f98e46622e7217e3c4a5a025db5019c5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jDDyhiva0s_GPjZ9Cm8t0Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwNjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/f98e46622e7217e3c4a5a025db5019c5","width":400,"height":117}},"href":"https://mma.prnewswire.com/media/2735207/George_Weston_Limited_George_Weston_Reports_Strong_Operating_Per.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"GWL's 2025 Second Quarter Report has been filed on SEDAR+ and is available at www.sedarplus.ca and in the Investor Centre section of the Company's website at www.weston.ca.","length":195,"tagName":"p"},{"type":"text","content":""George Weston had another strong quarter of operational and financial performance," said Galen G. Weston, Chairman and Chief Executive Officer, George Weston Limited. "Our operating businesses continue to position George Weston for success as Loblaw delivers on its strategy while providing exceptional value for Canadians, and Choice Properties strengthened its portfolio with disciplined property acquisitions and divestitures."","length":451,"tagName":"p"},{"type":"text","content":"Loblaw Companies Limited ("Loblaw") delivered strong performance this quarter by continuing to provide Canadians with quality, value, service, and convenience across its nationwide network of stores and digital platforms. Strong sales growth was driven by new store openings and improved same-store sales, with everyday value offerings, personalized PC Optimum™ loyalty rewards, and impactful promotions driving higher customer engagement. In the food retail business, consumers continued to focus on value, which resulted in outperformance by hard discount and Real Canadian Superstores ban...

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