Empire Company Limited

EMP.A

CA2918434077

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

2023-12-14 - Q2 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Empire Company Limited

Trading Rating :

Investor Rating :

ESG Refinitiv :

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

37.04CAD

Average target price

43.57CAD

Spread / Average Target

+17.63%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Retail & Distribution

	1st Jan change	Capi. (M$)
EMPIRE COMPANY LIMITED	+3.87%	6 831 M $
WALMART INC.	+11.88%	422 B $
SYSCO CORPORATION	-6.04%	36 264 M $
KROGER CO. (THE)	-1.48%	31 715 M $
AHOLD DELHAIZE N.V.	-1.34%	28 043 M $
LOBLAW COMPANIES LIMITED	+0.29%	28 031 M $
WOOLWORTHS GROUP LIMITED	+2.88%	27 462 M $
TESCO PLC	+26.58%	25 228 M $
AEON CO., LTD.	+9.20%	17 682 M $
GEORGE WESTON LIMITED	-3.00%	16 485 M $

Other Food Retail & Distribution

Market Closed - Toronto Stock Exchange Other stock markets 04:00:00 2023-11-28 pm EST			5-day change	1st Jan Change
37.04 ^CAD	-1.36%		-3.24%	+3.87%

Nov. 23	Toronto market ends up as industrial shares rally	RE
Nov. 23	National Bank Downgrades Empire, Previews Fiscal Q2 Results	MT

Toronto market ends up as industrial shares rally	Nov. 23	RE
National Bank Downgrades Empire, Previews Fiscal Q2 Results	Nov. 23	MT
TSX on track for a two-day win streak	Nov. 23	RE
RBC Raises Price Target on Four Canadian Grocers, Says Loblaws Best Positioned	Nov. 06	MT
National Bank Explores a Sale of Rexall	Oct. 31	MT
National Maintains Outperform, $44 Target on Empire Company	Oct. 27	MT
Metro Claiming Against George Weston For False Price-fixing Disclosures	Oct. 17	MT
Grocers Brief: Metro Claiming against George Weston for false price-fixing disclosures	Oct. 17	MT
Canadian Currency	Oct. 11	FA
Canada's grocery chains pledge to help cut food prices, govt says	Oct. 05	RE
Canada's Largest Grocery Chains Commit to Range of Measures to Help Stabilize Food Prices	Oct. 05	MT
Canada says grocery chains have committed to help cut food prices	Oct. 05	RE
Govt to Announce Initial Commitments From Grocers to Stabilize Prices Later Today	Oct. 05	MT
Analysis-Stricter merger laws unlikely to cool Canada's surging food prices	Sep. 18	RE
Grocers Brief: Innovation Minister Champagne Also Notes Fed Govt Will Stop Grocers From Using Clauses To Prevent Rivals From Setting Up Shop Nearby In Certain Areas	Sep. 18	MT
Grocers Brief: Innovation Minister Champagne Also Notes Fed Govt Will Move To Block Mergers Seen As Anti Competitive For Canadian Consumers	Sep. 18	MT
Grocers Brief: Innovation Minister Champagne Notes Fed Govt Giving Subpoena Power to Competition Commissioner So Can Get More Info On Food Prices In Canada	Sep. 18	MT
Grocers Brief: Innovation Minister Champagne Says Fed Govt Calling On Major Grocers To Stabilize Food Prices; Champagne speaks to the media just before question period in the House of Commons	Sep. 18	MT
Canada gov't says major grocery chains agreed to back efforts to curb prices	Sep. 18	RE
Canada gov't vows draft law soon to tackle inflation, housing crisis	Sep. 18	RE
Empire Co Price Target Raised to $42 at Desjardins	Sep. 18	MT
National Bank on the Growing Political Pressure as Food Costs Remain High -- Impact on Grocers	Sep. 18	MT
Canada plans to amend competition laws to control rising food prices	Sep. 15	RE
National Bank Raises Empire Company's Target to $44 After Q1; Reiterates Outperform	Sep. 15	MT
Canada's warning of new taxes on top grocers may not lower food inflation - analysts	Sep. 15	RE

Empire Company Limited

Equities