Shoppers at a west-end Toronto Sobeys grocery store, Sunday, June 26, 2023. Empire Co. Ltd. says its first-quarter profit and sales rose compared with a year ago. THE CANADIAN PRESS/Graeme Roy
Shoppers at a west-end Toronto Sobeys grocery store, Sunday, June 26, 2023. Empire Co. Ltd. says its first-quarter profit and sales rose compared with a year ago. THE CANADIAN PRESS/Graeme Roy
STELLARTON - Empire Co. Ltd. says its first-quarter profit and sales rose compared with a year ago.
The grocery retailer, which operates Sobeys, Safeway and other banners, says it earned a profit attributable to owners of the company of $212 million or 91 cents per diluted share for the quarter ended Aug. 2.
The result was up from a profit of $208 million or 86 cents per diluted share a year ago.
Sales for the quarter totalled $8.26 billion, up from $8.14 billion in the same quarter last year.
Same-store sales rose 0.8 per cent as same-store sales for fuel fell 13.4 per cent, driven by lower prices due to the removal of the government carbon tax. Food same-store sales rose 1.9 per cent.
On an adjusted basis, Empire says it earned 91 cents per diluted share in its latest quarter, up from an adjusted profit of 90 cents per diluted share a year ago.
This report by ´ºÉ«Ö±²¥was first published Sept. 11, 2025.
