Empire Co Ltd
EMP.A
ISIN CA2918434077 / Valor 687330
Empire Co Ltd
UMushroom community rating:
About company
Empire Company Limited, a Canadian company based in Stellarton, Nova Scotia, primarily operates in the food-retailing and real estate sectors. Its subsidiary, Sobeys Inc., operates various banners including Sobeys, Safeway, Foodland, FreshCo, and IGA, providing food-shopping experiences to Canadians nationwide. With a history dating back to 1907, Empire Company Limited is listed on the Toronto Stock Exchange (TSX: EMP.A) and is dedicated to maximizing sustainable long-term shareholder value through its diverse business ventures in food retailing and real estate investments.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (14.08.2024):
Net Earnings
Empire Co Ltd reported net earnings of $148.9 million ($0.61 per share) for the fourth quarter of fiscal 2024, compared to $182.9 million ($0.72 per share) in the same quarter of the previous year. This represents a decrease in net earnings year-over-year.
Adjusted Net Earnings
For the fourth quarter of fiscal 2024, Empire Co Ltd recorded adjusted net earnings of $154.0 million ($0.63 per share), down from $184.9 million ($0.72 per share) in the fourth quarter of fiscal 2023. The adjusted figures exclude certain one-time costs and income.
Same-Store Sales
Empire Co Ltd's same-store sales, excluding fuel, increased by 0.2% in the fourth quarter of fiscal 2024. This indicates a slight improvement in sales performance at stores that have been open for at least one year.
Gross Margin
The company's gross margin, excluding fuel, increased by 68 basis points in the fourth quarter of fiscal 2024. This improvement reflects better control over costs and pricing strategies.
Dividend Increase
Empire Co Ltd declared a quarterly dividend of $0.20 per share, reflecting a 9.6% increase in the annualized dividend rate. This dividend will be payable on July 31, 2024, to shareholders of record on July 15, 2024.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4217 M
Market cap (USD)
144,151
Daily traded volume (Shares)
44.08 / 43.12
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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