Empire reports $187.5M Q1 profit, sales up 4.1% from year ago
BNN Bloomberg
Empire Company Ltd. reported a first-quarter profit of $187.5 million as its sales rose 4.1 per cent compared with a year ago.
The parent company of the Sobeys grocery chain says its profit amounted to 71 cents per diluted share for the quarter ended Aug. 6.
The result compared with a profit of $188.5 million or 70 cents per diluted share a year ago when it had more shares outstanding.
Sales totalled $7.94 billion, up from $7.63 billion in the same quarter last year.
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