Empire Company Limited

EMP.A

CA2918434077

Food Retail & Distribution

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
32 ^CAD	-1.17%		+0.98%	-8.70%

Apr. 23	RBC Raises Price Target on Top Pick Loblaw	MT
Apr. 18	Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- 2nd Update	DJ

Tranche Update on Empire Company Limited (TSX:EMP.A)'s Equity Buyback Plan announced on June 22, 2023.

March 14, 2024 at 08:15 am EDT

From November 5, 2023 to March 14, 2024, the company has repurchased 3,883,696 shares, representing 1.57% for CAD 138.2 million. With this, the company has completed the repurchase of 7,189,243 shares, representing 2.89% for CAD 260.7 million under the buyback announced on June 22, 2023.

Latest news about Empire Company Limited

RBC Raises Price Target on Top Pick Loblaw	Apr. 23	MT
Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- 2nd Update	Apr. 18	DJ
Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- Update	Apr. 18	DJ
Grocery giants including Tesco, Woolworths team up to launch $125 million VC fund	Apr. 08	RE
Verdant Technologies to Partner with Sobeys Inc. on Innovation to Eliminate Ice from Sobeys' Broccoli Supply Chain with Harvesthold Fresh	Apr. 08	CI
National Bank Reviews Empire Company's Q3 Results, Trims Estimates, Target Edges Down to $40	Mar. 15	MT
Empire Co Price Target Lowered to $43 at RBC	Mar. 15	MT
Transcript : Empire Company Limited, Q3 2024 Earnings Call, Mar 14, 2024	Mar. 14
Tranche Update on Empire Company Limited (TSX:EMP.A)'s Equity Buyback Plan announced on June 22, 2023.	Mar. 14	CI
Empire Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended February 03, 2024	Mar. 14	CI
Empire Company Reports Q3 Adjusted EPS of $0.62	Mar. 14	MT
Empire Co. Brief: Q3 Same-store sales, excluding fuel, increased by 1.9%; Gross margin, excluding fuel, increased by 87 basis points	Mar. 14	MT
Empire Co. Brief: Q3 Earnings per share and adjusted EPS of $0.54 and $0.62 respectively; Prior year EPS of $0.49 and adjusted EPS of $0.64	Mar. 14	MT
Empire Company Limited Declares Quarterly Dividend on Both the Class A Shares and the Class B Common Shares, Payable on April 30, 2024	Mar. 14	CI
BMO Trims Empire Target to $37 on "Under-emphasis" in Discount Grocery Segment	Mar. 06	MT
Empire Co. Price Target Lowered to $39 at Desjardins Ahead of Q3 Results	Mar. 06	MT
National Bank Previews Empire Company's Q3, Trims Target by $1, to $41	Feb. 26	MT
Manulife To Cover Specialty Drugs At Any Pharmacy After Backlash Over Loblaw Deal	Feb. 05	MT
Manulife and Loblaw Deal to Deliver Specialty Drugs Sparks Access, Competition Concerns	Jan. 30	MT
Canada Liberal Government Expects Antitrust Watchdog to Target Grocery Sector	Jan. 29	DJ
National Bank on Customer Perception of Canada's Grocers	Jan. 25	MT
Crombie REIT CFO to Resign; Down 1.7%	Jan. 24	MT
Crombie REIT CFO to Resign	Jan. 24	MT
Empire Company Limited Appoints Clinton Keay as Senior Vice President, Corporate Finance	Jan. 23	CI
National Bank's View on Possible Rexall Sale	Jan. 15	MT

Chart Empire Company Limited

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Company Profile

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 Longoâs. 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 Canadaâs urban and suburban markets.

Sector

Food Retail & Distribution

Calendar

2024-06-20 - Q4 2024 Earnings Release

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Income Statement Evolution

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Ratings for Empire Company Limited

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

32 CAD

Average target price

37.5 CAD

Spread / Average Target

+17.19%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Retail & Distribution

	1st Jan change	Capi.
EMPIRE COMPANY LIMITED	-8.70%	5.69B
WALMART INC.	+14.48%	485B
KROGER CO. (THE)	+21.40%	40.05B
SYSCO CORPORATION	+5.39%	38.37B
LOBLAW COMPANIES LIMITED	+18.78%	34.13B
AHOLD DELHAIZE N.V.	+7.63%	28.47B
WOOLWORTHS GROUP LIMITED	-15.08%	25.16B
TESCO PLC	-0.55%	25.08B
GEORGE WESTON LIMITED	+11.96%	17.99B
AEON CO., LTD.	+4.35%	17.88B

Other Food Retail & Distribution

Empire Company Limited

Equities

EMP.A

CA2918434077

Food Retail & Distribution

Tranche Update on Empire Company Limited (TSX:EMP.A)'s Equity Buyback Plan announced on June 22, 2023.