CANADA: Empire Profit Beats Forecast In Q3
Posted on 2:36 PM, under Earnings, Global Economy, inspriration
0
Empire Co, owner of the Sobeys supermarket chain, has seen its third-quarter net profit rise by a better-than-expected 27% to C$48.6m. Excluding capital losses and other items, the company earned 99 Canadian cents per share. Revenue for the quarter was up 9% to C$3.8bn. At Sobeys, overall sales were up 8.8% to C$3.74bn, while same-store sales rose by 7.6%.
Read the rest of the story.....
Read the rest of the story.....