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Empire Company Ltd (EMPa.TO)

EMPa.TO on Toronto Stock Exchange

25.57CAD
16 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Empire Co Posts Q2 Adjusted Earnings Per Share C$0.27
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Empire Company Ltd ::EMPIRE COMPANY REPORTS IMPROVED FISCAL 2018 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE C$0.27.Q2 LOSS PER SHARE C$0.09.Q2 EARNINGS PER SHARE VIEW C$0.25 -- THOMSON REUTERS I/B/E/S.- QTRLY SAME-STORE SALES EXCLUDING FUEL INCREASED 0.4%.- ‍PROJECT SUNRISE IS EXPECTED TO RESULT IN APPROXIMATELY $500 MILLION IN ANNUALIZED COST SAVINGS BY FISCAL 2020​.- QTRLY SALES $6.03 BILLION VERSUS $5.93 BILLION.Q2 EARNINGS PER SHARE VIEW C$0.25, REVENUE VIEW C$6.05 BILLION -- THOMSON REUTERS I/B/E/S.EMPIRE COMPANY - DETERMINED ONE-TIME COSTS FROM SEVERANCE, RELOCATION, OTHER INITIATIVE ANNOUNCED IN JUNE WILL NOT EXCEED $240 MILLION.EMPIRE COMPANY - ‍DEVELOPED PLANS TO MITIGATE IMMEDIATE IMPACT OF MINIMUM WAGE, BILL 148 INCREASES, EXPECTS PLANS TO OFFSET EFFECT OF INCREASES IN 2018​.  Full Article

UPDATE 2-Ocado warns of bigger 2018 loss on investment, bonuses

* Shares fall as much as 7.5 pct (Adds detail, CFO, CEO, analyst comment, shares)