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G. Willi-Food Posts Higher Q1 Earnings, Sales Decline; Appoints Erez Winner Acting CEO

05/12/2021 02:44

06:28 AM EDT, 05/12/2021 (MT Newswires) -- G. Willi-Food International (WILC) reported Q1 earnings Wednesday of $0.42 per share, up from $0.03 per share a year earlier.

Sales were $35 million for the quarter ended March 31, down from $38.7 million a year ago.

Analysts' estimates were not available for comparison.

Meanwhile, the food distributor also appointed Erez Winner as acting chief executive of the company and its parent, Willi-Food Investments Ltd.

The appointment comes after Einat Peled Shapira, who was then CEO of the company, resigned, effective April 1.

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