Empire Company: Grocery retailer Empire Co. Ltd. reports $146.1M Q3 profit, as sales rise

STELLARTON, N.S. - Empire Co. Ltd. says it earned a third-quarter profit of $146.1 million as its sales rose during the period. The parent company of grocery retailer Sobeys says the profit amounted to 62 cents per diluted share for the 13-week period ended Feb. 1 , compared with a profit of $134.2 million or 54 cents per diluted share a year ago. Sales for the quarter totalled $7.73 billion , up from $7.49 billion a year earlier. The increase came as same-store sales rose 2.5 per cent. Same-store sales growth, excluding fuel sales, amounted to 2.6 per cent. On an adjusted basis, Empire says it earned 62 cents per diluted share in its latest quarter, which was the same compared with its third quarter last year. This report by The Canadian Press was first published March 13, 2025 . Companies in this story: (TSX:EMP.A) © 2025 The Canadian Press. All rights reserved., source Canadian Press DataFile STELLARTON, N.S. - Empire Co. Ltd. says it earned a third-quarter profit of $146.1 million as its sales rose during the period. The parent company of grocery retailer Sobeys says the profit amounted to 62 cents per diluted share for the 13-week period ended Feb. 1 , compared with a profit of $134.2 million or 54 cents per diluted share a year ago. Sales for the quarter totalled $7.73 billion , up from $7.49 billion a year earlier. The increase came as same-store sales rose 2.5 per cent. Same-store sales growth, excluding fuel sales, amounted to 2.6 per cent. On an adjusted basis, Empire says it earned 62 cents per diluted share in its latest quarter, which was the same compared with its third quarter last year. This report by The Canadian Press was first published March 13, 2025 . Companies in this story: (TSX:EMP.A) © 2025 The Canadian Press. All rights reserved., source Canadian Press DataFile