July 31 (Reuters) - George Weston Ltd WN.TO :
* GEORGE WESTON LIMITED REPORTS SECOND QUARTER 2018 RESULTS(2)
* Q2 EARNINGS PER SHARE C$0.21
* Q2 EARNINGS PER SHARE VIEW C$1.68 -- THOMSON REUTERS I/B/E/S
* QTRLY SALES $11.2 MILLION, DOWN 1.7 PERCENT
* QTRLY ADJUSTED DILUTED NET EARNINGS PER COMMON SHARE $1.63
* SEES INVESTMENT IN CAPITAL EXPENDITURES FOR WESTON FOODS OF APPROXIMATELY $230 MILLION FOR 2018
* GEORGE WESTON - IN 2018 LOBLAW EXPECTS TO DELIVER POSITIVE SAME-STORE SALES AND STABLE GROSS MARGIN IN ITS RETAIL SEGMENT
* FOR 2018, EXPECTS ADJUSTED NET EARNINGS TO BE LOWER WHEN COMPARED TO PRIOR YEAR
* GEORGE WESTON - IN 2018 LOBLAW EXPECTS TO DELIVER ESSENTIALLY FLAT ADJUSTED NET EARNINGS GROWTH
* GEORGE WESTON - IN 2018, LOBLAW EXPECTS TO RETURN CAPITAL TO SHAREHOLDERS BY ALLOCATING A SIGNIFICANT PORTION OF FREE CASH FLOW TO SHARE REPURCHASES
* HEADWINDS FROM MINIMUM WAGE INCREASES AND HEALTHCARE REFORM WILL NEGATIVELY IMPACT LOBLAW'S FINANCIAL PERFORMANCE IN 2018
* IN H2 OF 2018, WESTON FOODS EXPECTS SALES TO TREND IN SIMILAR FASHION TO H1 OF 2018, WHEN COMPARED TO LAST YEAR
* QTRLY LOBLAW SEGMENT SALES $10.9 MILLION, DOWN 1.4 PERCENT