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Empire Company Limited (EMLAF)

Other OTC - Other OTC Delayed Price. Currency in USD
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29.36+0.16 (+0.55%)
At close: 03:59PM EST
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  • B
    Bunny
    Kroger KR is showing the way of EMP-A. Up 12%... EMP is to follow.
  • A
    Alexander
    Loblaw earnings report did well and saw customers return to discount items. Expecting a good earnings report from Emp along with compliment’s sales contributing to profits.
  • M
    Murray
    Any thoughts on why Empire is so far below the analyst guidance (even the minimum, let alone the avg), even when it got two analyst upgrades in Oct?
  • j
    joanne
    Their FARMBOY stores in Ontario are our favourite.
  • j
    joanne
    Good defensive stock. Regardless of inflation people have to eat
  • A
    Anthony
    Anything new? Here in Montreal, there have been some new IGA store openings. The most recent one is in a 1000 appartments established project. they are residences for seniors. It's a ok location, since there aren't any other groceries for a 2km radius. I hope the new store will add to the bottom line of Empire.
  • J
    Justin
    A huge concern I have for this stock so that online delivery is $15. This is a huge concern because many people wants groceries delivered and the pandemic has changed habits. Now I am like why would I go to store when I can just have instacart. It is very important sobeys and Safeway are on instacart. I have loblqws and Walmart. I am seriously considering this stock but the online delivery is a huge concern for me.
  • L
    Luke
    Needed a good inflation stock, happen to love these grocery stores as well. 👌
  • B
    Bunny
    Empire is growing in multiple fronts and gaining market shares - On line Volia , Farm boys, efficiency gains from modern distribution center. focused value chain optimization, etc. I trust the Sobey family as their name is on the line. Looking back the history of continuous increase in good and bad years for many many years. I continue to add to my over weighted position, as the trend is secular.
  • S
    Seanjouds
    Empire gains another foothold in Toronto with the purchasing of a majority stake in Longo's! https://www.thestar.com/business/2021/03/16/sobeys-parent-empire-buys-majority-stake-in-longos-for-357m.html
  • v
    vedran
    Has a solid financial report that beats analysts predictions, drops by 5.5%
  • B
    Bunny
    E-commerce sales growth of 315% is a testimony of excellent execution. The Sobey's family's shareholders friendly track record will continue to flourish. The share buyback annouced is indicative that the share price is still under valued and a best use of capital, with anticipated continuous growth. I hope that it will be the disruptive force and platform to sell anything under the sun, and not limited to grocery but a platform and nerve centers servicing customers leveraging the advance new generation customer fulfillment center with AI, Autonomous fleet delivery, B2C platform, B2B platform for international business.
  • D
    Devon
    This week we have essentially rounded the bend on the panic buying fiasco from last year. Don't expect to see results like these going forward.

    This is not me being bearish, just realistic.

    Still a solid company that will have varying forms of success with some secular trend changes occurring, however the results won't be nearly as great as they have been in the next year.
  • m
    mgh20091
    Solid financial, love the Ricardo acquisition, Boring stock but a good long term hold 🤟
  • j
    joe
    If you are interested in a plant base company check NSP Naturally Splendid, exclusively distributes Naterra brand products inCND/US only .04 cents pennies now, dollars later
  • B
    Bunny
    15% increase of dividend shows strong execution and results
  • J
    Justin
    I've always loved Sobeys. The bakery and produce is so good. I don't know where I see the growth coming from, but great company.
  • a
    arrrr
    Maybe this is y it tanked (read below). Although with new lock downs emp will do good. I do think grocery is boring in general and people lose interest quick.

    The announcement came as Empire reported a profit of $161.4 million or 60 cents per share for the quarter ended Oct. 31, missing analysts’ expectations..
  • C
    Clarisse
    So the stock has been consistently underperforming compared to other grocers for the past week and the only news i could find that could cause the dip is some TD analyst saying earnings could be missed. Are people scared that much of sept 9th earnings?
  • P
    PETER
    undervalued is understatement for this stock...