STELLARTON, NS, July 8, 2019 /CNW/ – Empire Company Limited (TSX: EMP.A) will host an investor education call on July 15, 2019 to discuss the adoption of the new IFRS 16 lease accounting standard and its impact on the Company’s consolidated financial reporting. The conference call will begin at 11:30 a.m. (Eastern Daylight Time). The dial-in… [Read More]

STELLARTON, NS, July 5, 2019 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) announced today that Dominion Bond Rating Service (“DBRS”) has upgraded the Issuer Rating and Senior Unsecured Debt rating of Sobeys Inc. (“Sobeys”) to BBB (low) from BB (high), and also changed the trends for Sobeys to Stable from Positive. DBRS… [Read More]

Fourth Quarter Summary Same-store sales excluding fuel increased by 3.8% (4.2% excluding pharmacy) Fourth consecutive quarter of tonnage growth Earnings per share of $0.45 compared to $0.26 last year Adjusted earnings per share of $0.46 compared to $0.35 last year Project Sunrise exceeded targets for fiscal 2019 Capital investment program for fiscal 2020 expected to… [Read More]

STELLARTON, NS, June 13, 2019 /CNW/ – Empire Company Limited (TSX: EMP.A) will release its fourth quarter and full year fiscal 2019 results on June 27, 2019 at 6:00 a.m. (Eastern Daylight Time). The release will be followed by a conference call beginning at 12:00 p.m. (Eastern Daylight Time) with senior management. The dial-in numbers… [Read More]

18 FreshCo locations in Western Canada confirmed to date Five stores now open in B.C. and Manitoba Two stores to open in B.C. in July 2019 Five locations to open in B.C. in Fall 2019 and Winter 2020 Six Safeway locations announced today will close and re-open as FreshCo stores Store closure costs of $15… [Read More]

Two years into its Project Sunrise transformation initiative, the strength of the Company’s new national structure provides a launch pad for even stronger execution and innovation Unifies Merchandising, Operations and Supply Chain for all full-service grocery banners Chief Information Officer on Executive Committee, reporting to CFO Creates new Head of Innovation reporting directly to the… [Read More]

Montreal announced as second location launching in 2021, following 2020 GTA launch Construction of Customer Fulfillment Centre (“CFC”) in Vaughan on track to begin launch in Spring 2020 Second CFC location in Montreal to launch in 2021, serving Quebec and the Ottawa area Crombie REIT to develop and own the Montreal CFC Each CFC projected… [Read More]

STELLARTON, NS, March 14, 2019 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) today announced that it has refiled both Empire’s public documents and its wholly-owned subsidiary Sobeys Inc.’s public documents, for the 13 and 39 weeks ended February 2, 2019 to correct a typographical error in their IFRS 16 disclosure. The following paragraph… [Read More]

Third Quarter Summary Same-store sales excluding fuel increased by 3.3% (3.9% excluding pharmacy) Third consecutive quarter of tonnage growth Earnings per share of $0.24 compared to $0.21 last year Adjusted earnings per share of $0.27 (including $0.12 of labour buyout and store closure costs) compared to $0.33 last year 12 FreshCo locations confirmed to open… [Read More]

STELLARTON, NS, Feb. 27, 2019 /CNW/ – Empire Company Limited (TSX: EMP.A) will release its third quarter fiscal 2019 results on March 13, 2019 at 6:30 a.m. (Eastern Daylight Time). The release will be followed by a conference call beginning at 12:00 p.m. (Eastern Daylight Time) with senior management. The dial-in numbers for the conference call… [Read More]

Decision contributes to a level playing field for Empire to compete in B.C. Voluntary buyout option to be presented to eligible B.C. Safeway employees Framework in place to continue moving forward with FreshCo expansion in B.C. 12 FreshCo locations confirmed to open in B.C. and Manitoba in 2019 STELLARTON, NS, Jan. 29, 2019 /CNW/ – Today… [Read More]

Second Quarter Summary Same-store sales excluding fuel increased by 2.5% (3.0% excluding pharmacy) Second consecutive quarter of tonnage growth Earnings per share of $0.38 compared to a loss per share of $0.09 last year Adjusted earnings per share of $0.40, up 48% from $0.27 last year Completed the acquisition of Farm Boy, Ontario’s fastest growing… [Read More]