Canada markets closed

Empire Company Limited (EMP-A.TO)

Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
38.56-0.61 (-1.56%)
At close: 4:00PM EDT
Sign in to post a message.
  • 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?
  • m
    mgh20091
    Solid financial, love the Ricardo acquisition, Boring stock but a good long term hold 🤟
  • 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.
  • 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
  • A
    Anonymous
    Great dividend increase shows strong confidence in the company's performance.
  • 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..
  • P
    PETER
    undervalued is understatement for this stock...
  • a
    ali
    Extremely undervalued
    Just saw their delivery setup
    When that’s operational
    Your looking at the next tesla
  • L
    Liam
    Bought since it’s the cheapest consumer defensive option. Safeway is my go to also.
  • A
    Anonymous
    I see this going up to mid 40s this year, no problem. This is just a little setback set off by investors with a panic attack approach to investing. Slow and steady with this safe stock.
  • A
    Anonymous
    The lowest PE in the industry should spike Close to 39 bucks
  • B
    Bunny
    Secular growth for EMP is on track. Since I bought it 4 years ago at 16 and announced the BUY on this board, i never had to revisit it knowing it is in great hands. Coming back to recheck, my revised
    target to 114 to 120 assuming a very conservative 5% growth on 1 billions Free Cash Flow. If it can maintain the 1.4 billions FCF per year with inflation rate of growth, it will be bonus.
  • R
    Richard
    This is a layup for 10 percent return in next 10 days will BUY at open tomorrow morning glta
  • R
    Richard
    Numbers out !!!!! .66 expected .60, same store up 10%, ecom Voila on fire...see you in the low 40s glta