Empire Company Limited (T:EMP*CA)
Business Focus: Food Retail & Distribution (NEC)
| Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
| Company Contact | |
| Address: | 115 King Street STELLARTON NS B0K 1S0 |
| Tel: | N/A |
| Website: | https://www.empireco.ca |
| IR: | See website |
| Key People | ||
| Michael B. Medline President, Chief Executive Officer, Director | Matthew Reindel Chief Financial Officer, Executive Vice President | Pierre St-Laurent Chief Operating Officer, Executive Vice President |
| Simon Gagne Chief Human Resource Officer, Executive Vice President | Douglas B. Nathanson Executive Vice President, General Counsel, Corporate Secretary, Chief Development Officer | Vivek Sood Executive Vice President - Related Businesses |
| Julia Knox Chief Technology and Analytics Officer | Sandra Sanderson Chief Marketing Officer | |
| Business Overview |
| Empire Company Limited is a Canadian company engaged in the business of food retailing and related real estate. The Company's principal business segments include Food Retailing, and Investments and Other Operations. The Food retailing segment operates through its wholly owned subsidiary, Sobeys Inc. (Sobeys). The Food retailing segment comprises three operating segments, namely Sobeys National, Farm Boy and Longo's. Sobeys serves the food shopping needs of customers with approximately 1,600 retail stores (corporate, franchise, affiliate) as well as over 350 retail fuel locations. The Investments and other operations segment principally consists of investments in Crombie REIT, real estate partnerships and various other corporate operations. Crombie REIT owns, operates and develops a portfolio of grocery and pharmacy-anchored shopping centers, freestanding stores and mixed-use developments primarily in Canada's urban and suburban markets. |
| Financial Overview |
| For the 39 weeks ended 03 February 2024, Empire Company Ltd revenues increased 1% to C$23.32B. Net income increased 15% to C$576.3M. Revenues reflect Retail Sales, Total increase of 1% to C$23.32B. Net income benefited from Merchandise Margins, Total - % increase of 3% to 26.2%. Dividend per share increased from C$0.50 to C$0.55. Basic Earnings per Share excluding Extraordinary Items increased from C$1.93 to C$2.31. |
| Employees: | 67,000 as of May 6, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $14,805M as of Feb 3, 2024 |
| Annual revenue (TTM): | $30,730M as of Feb 3, 2024 |
| EBITDA (TTM): | $2,280M as of Feb 3, 2024 |
| Net annual income (TTM): | $759.20M as of Feb 3, 2024 |
| Free cash flow (TTM): | $1,188M as of Feb 3, 2024 |
| Net Debt Last Fiscal Year: | $7,036M as of Feb 3, 2024 |
| Shares outstanding: | 243,223,633 as of Apr 12, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.