STELLARTON, N.S. — Empire Co. Ltd. says it earned $261.0 million in its latest quarter, up from $187.5 million in the same quarter last year, boosted by the sale of its 56 gas stations in Western Canada to Shell Canada.
The grocer, which owns Sobeys and Safeway and other banners, says the profit amounted to $1.03 per share for the quarter ended Aug. 5, up from a profit of 71 cents per share a year earlier.
Sales in what was Empire's first quarter totalled $8.08 billion, up from $7.94 billion in the same quarter last year.On an adjusted basis, Empire says it earned 78 cents per share in its latest quarter, up from an adjusted profit of 71 cents per share a year earlier. The average analyst estimate had been for an adjusted profit of 75 cents per share, based on estimates compiled by financial markets data firm Refinitiv.The Canadian Press
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Grocer Empire reports Q1 profit and sales up from year agoSTELLARTON, N.S. — Empire Co. Ltd. says it earned $261.0 million in its latest quarter, up from $187.5 million in the same quarter last year, boosted by the sale of its 56 gas stations in Western Canada to Shell Canada. The grocer, which owns Sobeys and Safeway and other banners, says the profit amounted to $1.03 per share for the quarter ended Aug. 5, up from a profit of 71 cents per share a year earlier. Sales in what was Empire's first quarter totalled $8.08 billion, up from $7.94 billion in
Lire la suite »
Empire reports first-quarter profit and sales up from year agoEmpire, which owns Sobeys, Safeway and other banners, says the profit amounted to $1.03 per share for the quarter ended Aug. 5, up from a profit of 71 cents per share a year earlier
Lire la suite »
Newfoundland men accused in unrelated cases of death asking country's top court for permission to appealKirk Keeping and Nicholas Villeneuve hope Supreme Court of Canada will reverse local courts' decisions
Lire la suite »
Average rental prices across Canada jump $103 to hit record high: ReportThe National Rent Report said that the average asking rents in Canada reached a new record high of $2,117 in August.
Lire la suite »
Citing scheduling issues, Canada Soccer opts to skip Pan American GamesCiting scheduling issues, Canada Soccer has opted not to field a women's team in the upcoming Pan American Games. The Games, which run Oct. 20 to Nov. 5 in Santiago, Chile, start before and finish after FIFA international windows.
Lire la suite »