10:57 AM EST - George Weston Ltd. : has reported a 4 percent increase in summer-quarter sales and a 15 percent rise in net income, although operating profit slipped 2.7 percent on a series of one-time charges. Sales totalled $10.09 billion in the 16 weeks ended Oct. 7, up from $9.69 billion in last year's third quarter. Net income from continuing operations was $226 million or $1.62 per share, up from $196 million, $1.41 per share. Excluding one-time items, earnings per share were flat at $1.62. George Weston Ltd.
shares T.WN are trading up 9 cents at $72.40.
