Company Empire Company Limited

Equities

EMP.A

CA2918434077

Food Retail & Distribution

Market Closed - Toronto Stock Exchange 04:00:00 2023-12-08 pm EST Intraday chart for Empire Company Limited 5-day change 1st Jan Change
38.11 CAD +0.50% +2.61% +6.87%

Business Summary

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.

Number of employees : 131,000

Sales per Business

CAD in Million2022Weight2023Weight Delta
Food Retailing
100.0 %
30,162 100.0 % 30,478 100.0 % +1.05%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
30,162 100.0 % 30,478 100.0 % +1.05%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 2017
Director of Finance/CFO - 2018
Chief Operating Officer - -
Director/Board Member 70 2006
Director/Board Member 66 1981
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Human Resources Officer - -
General Counsel - 2018
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 1981
Director/Board Member 74 1978
Director/Board Member 56 1997
Director/Board Member 59 2012
Director/Board Member 66 2014
Director/Board Member 70 2006
Director/Board Member 71 2013
Chief Executive Officer 60 2017
Director/Board Member 61 2017
Chairman 65 2014

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 149,818,665 146,962,092 ( 98.09 %) 0 59.27 %
Stock B 1 98,138,079 0 0

Shareholders

NameEquities%Valuation
Fidelity Investments Canada ULC
5.062 %
7,854,914 5.062 % 215 M $
4,225,848 2.723 % 116 M $
BMO Asset Management, Inc.
2.093 %
3,247,182 2.093 % 89 M $
Manulife Investment Management Ltd.
2.070 %
3,212,451 2.070 % 88 M $
CI Investments, Inc.
1.955 %
3,032,706 1.955 % 83 M $
RBC Global Asset Management, Inc.
1.087 %
1,686,306 1.087 % 46 M $
Dimensional Fund Advisors LP
0.9416 %
1,461,050 0.9416 % 40 M $
Fidelity Management & Research Co. LLC
0.9365 %
1,453,102 0.9365 % 40 M $
Frank Sobey
0.8791 %
1,363,985 0.8791 % 37 M $
Canoe Financial LP
0.8522 %
1,322,283 0.8522 % 36 M $
NameEquities%Valuation
32,553,758 33.17 % 893 M $
Dunvegan Holdings Ltd.
31.24 %
30,657,257 31.24 % 841 M $
Mackenzie Financial Corp.
3.049 %
2,992,174 3.049 % 82 M $
BlackRock Investment Management (UK) Ltd.
0.2435 %
238,939 0.2435 % 7 M $
Northern Trust Global Investments Ltd.
0.0670 %
65,722 0.0670 % 2 M $
Karl Sobey
0.007006 %
6,876 0.007006 % 188 574 $
Schroder Investment Management Ltd.
0.001251 %
1,228 0.001251 % 33 678 $

Holdings

NameEquities%Valuation
73,979,677 100.14% 648,431,869 $

Company contact information

Empire Co. Ltd.

115 King Street

B0K 1S0, Stellarton

+902 752-8371

http://www.empireco.ca
address Empire Company Limited(EMP.A)

Group companies

NameCategory and Sector
Sobeys, Inc.
Retail Trade - Food Retail
Sobeys Capital, Inc.
Distribution Services - Food Distributors
Pension Plan for Employees of Sobeys, Inc.
Finance - Investment Managers

Sales per Business

Trading Rating :
Investor Rating :
ESG Refinitiv :
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
38.11CAD
Average target price
43.57CAD
Spread / Average Target
+14.33%
Consensus
1st Jan change Capi.
+6.87% 6 935 M $
+6.40% 406 B $
-3.43% 37 238 M $
0.00% 32 067 M $
+3.62% 28 651 M $
+6.59% 28 644 M $
+1.62% 28 174 M $
+28.41% 25 350 M $
+9.95% 18 094 M $
-3.85% 16 140 M $
Other Food Retail & Distribution
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