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Gluten-free bread launch boosts Weston fresh bakery sales
date:May 08, 2013
The launch of a line of private label gluten-free bread and sweet goods late last year began to pay dividends for the fresh bakery business of the Weston Foods division of George Weston Ltd. in the first quarter of fiscal 2013. But the product introduction was not enough to spur year-over-year gains at Weston Foods, where operating income fell 20% to C$48 million ($47.8 million) in the first quarter ended March 23, down from C$60 million in the first quarter of fiscal 2012. Adjusted operating in

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