STELLARTON, NS, Sept. 10, 2020 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) announced the voting results for the election of its directors at its Annual General Meeting held today. There were 98,138,079 Class B shares (100% of outstanding Class B shares) represented by proxy at the Meeting and 100% of the… [Read More]

First Quarter Summary Same-store sales excluding fuel increased by 11.0% Earnings per share of $0.71 compared to $0.48 last year Gain on sale from a significant real estate transaction of $0.08 per share Collective Bargaining Agreement ratified in Alberta; lump sum payment of $0.04 per share Store closure and conversion costs of $0.03 per share… [Read More]

STELLARTON, NS, Aug. 27, 2020 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) will hold its Annual General Meeting of Shareholders (“AGM” or the “Meeting”) on Thursday, September 10, 2020 at 10:00 a.m. (Eastern Daylight Time). This year, Empire is using a virtual meeting tool that will allow participation in the Meeting online… [Read More]

STELLARTON, NS, Aug. 18, 2020 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) announced today that Standard & Poor’s (“S&P”) upgraded the issuer credit rating of Sobeys Inc. (“Sobeys”) and the issue level ratings on Sobeys unsecured notes to BBB- from BB+. S&P also changed the trend for Sobeys to Stable. S&P stated… [Read More]

New agreement enables further capital investment in Safeway network and FreshCo expansion into the province of Alberta New collective bargaining agreement positions Empire on a level playing field to compete in the Alberta market One-time retroactive lump sum payment to teammates of approximately $15.6 million pre-tax ($0.04 per share) Framework in place to convert some… [Read More]

43 Farm Boy locations in Ontario confirmed to date 3 stores in Ontario announced today for conversion to Farm Boy 9 Farm Boy previously announced stores to open before the end of 2021 31 Farm Boy stores are currently open in Ontario $6.1 million in store closure costs to be expensed in the first quarter… [Read More]

Management targeting an incremental $500 million in annualized EBITDA driving an improvement in EBITDA margin of 100 basis points by fiscal 2023 STELLARTON, NS, July 22, 2020 /CNW/ – Empire Company Limited (“Empire”, or the “Company”) (TSX: EMP.A) today outlined its new three-year strategy to deliver an incremental $500 million in annualized EBITDA by the… [Read More]

STELLARTON, NS, July 13, 2020 /CNW/ – Empire Company Limited (TSX: EMP.A) will unveil its new three-year strategy to the media and investing public, on July 22, 2020 at 7:00 am (Eastern Daylight Time). The announcement will be communicated via a News Release, which will also be available on the Company’s website located at www.empireco.ca. ABOUT… [Read More]

Voilà by Sobeys offers cutting-edge online grocery home delivery that is now available in Vaughan and coming soon to the rest of the GTA Voilà delivers from an automated warehouse where robots assemble orders and Voilà teammates safely deliver them direct to the customer’s home with minimal handling Voilà offers grocery essentials from Sobeys alongside… [Read More]

Fourth Quarter Summary Same-store sales excluding fuel increased by 18.0% Earnings per share of $0.66 compared to $0.45 last year Adjusted earnings per share of $0.67 compared to $0.46 last year Project Sunrise exceeds target for fiscal 2020, and 3-year target of $500 million Voilà by Sobeys to begin customer deliveries in June Annual dividend… [Read More]

28 FreshCo locations in Western Canada confirmed to date 16 FreshCo stores open across British Columbia and Manitoba Two FreshCo stores to open in B.C. in June 2020 Four FreshCo stores in Saskatchewan to open in Summer 2020 One Chalo! FreshCo in Alberta announced today One store in Alberta announced today for conversion to FreshCo… [Read More]

STELLARTON, NS, June 4, 2020 /CNW/ – Empire Company Limited (TSX: EMP.A) will release its fourth quarter and full year fiscal 2020 results on June 18, 2020 at 7:00 a.m. (Eastern Daylight Time). The release will be followed by a conference call beginning at 1:00 p.m. (Eastern Daylight Time) with senior management. The dial-in numbers for… [Read More]