|Bid||27.33 x 0|
|Ask||27.35 x 0|
|Day's Range||26.18 - 27.51|
|52 Week Range||23.88 - 37.43|
|Beta (5Y Monthly)||-0.09|
|PE Ratio (TTM)||14.10|
|Forward Dividend & Yield||0.48 (1.76%)|
|Ex-Dividend Date||Apr. 13, 2020|
|1y Target Est||33.39|
While various levels of government fight to ensure essential businesses remain open, Canada’s supply chain is facing disruptions as companies grapple with stalled production and disappearing demand.
The Empire stock and Loblaw stock have not fallen sharply since the outbreak of the coronavirus. Both stocks are standing firm in spite of the massive sell-off in recent weeks.The post These 2 Retailers Are Repelling the COVID-19 Assault appeared first on The Motley Fool Canada.
Lockdowns are sure to lead to economic contraction, so investors should consider defensive stocks like Empire Company Ltd. (TSX:EMP.A) right now.The post Bear Market: 2 Defensive Stocks to Hold Now appeared first on The Motley Fool Canada.
Sobeys has started installing plexiglass shields at cash registers to protect its employees and customers from the coronavirus.
By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with...
One of Canada's largest grocers has seen a sales bump as Canadians buy more than usual in an effort to prepare amid the growing novel coronavirus outbreak."Our customers are obviously concerned," said Michael Medline, CEO of Empire Co. Ltd, during a conference call with analysts after the company released its third-quarter financial results.Customers are wanting to take care of their families, he said, but the company hasn't seen an inordinate stockpiling of goods."People are buying what you would predict they would to set themselves up in case there's some sort of emergency in their family," Medline said.As more cases of COVID-19 crop up in the country, some events, conferences and sports have been cancelled, and more people have been asked to practice social distancing or self isolate.Empire is seeing a clear acceleration in certain categories, said Medline, and it tends to be more acute in certain regions, especially those most affected with novel coronavirus patients.Over the last few days, the parent company of Sobeys and Safeway grocery stores has seen that expand a little bit beyond what Medline called "the truly predictable categories.""I don't want to overstate the entire store impact at this point, but we are seeing accelerated sales trends and at a pace that we just haven't seen before."The commentary came as Empire reported it earned $120.5 million in its latest quarter, up from $65.8 million in the same period a year earlier.The profit amounted to 45 cents per diluted share for the 13-week period ended Feb. 1 compared with 24 cents per share a year earlier.Sales in what was the company's third quarter totalled nearly $6.4 billion, up from $6.2 billion in the same quarter a year ago.Same-store sales gained 1.0 per cent, while same-store sales growth, excluding fuel, rose 0.8 per cent.On an adjusted basis, Empire earned $123.7 million or 46 cents per diluted share, up from an adjusted profit of $72.9 million or 27 cents per diluted share a year earlier.Analysts on average had expected a profit of 46 cents per share, according to financial markets data firm Refinitiv.This report by The Canadian Press was first published March 12, 2020.Companies in this story: (TSX:EMP.A)Aleksandra Sagan, The Canadian Press
Great stocks like Empire Company (TSX:EMP.A) won't make you a TFSA millionaire alone, but they sure will help. The post Millennial Investors: This Is Your Opportunity to Become a TFSA Millionaire appeared first on The Motley Fool Canada.
STELLARTON, NS , March 9, 2020 /CNW/ - Empire's family of brands is partnering with Infarm, one of the world's most advanced and fastest-growing in-store farming platforms, to grow and harvest a range of fresh produce in select Sobeys, Safeway and Thrifty Foods stores across Canada . Each vertical farming unit is a stand-alone ecosystem, enabled by machine learning and AI technology, that creates the optimum environment required for plants to flourish.
STELLARTON, NS , Feb. 27, 2020 /CNW/ - Empire Company Limited (TSX: EMP.A) will release its third quarter fiscal 2020 results on March 12, 2020 at 6:30 a.m. (Eastern Daylight Time) . The release will be ...
Mike Medline has been the CEO of Empire Company Limited (TSE:EMP.A) since 2017. First, this article will compare CEO...
Alimentation Couche-Tard Inc. (TSX:ATD.B) is just one example of a stock that would be prudent to buy as the markets near all-time highs.
Dividend paying stocks like Empire Company Limited (TSE:EMP.A) tend to be popular with investors, and for good reason...
Lawtons Drugs, Sobeys, Safeway, Thrifty Foods, Foodland, IGA (western Canada ) and FreshCo pharmacies partner with En-Vision America to boost medication safety for low vision, blind and print-impaired ...
TORONTO , Feb. 4, 2020 /CNW/ - District Ventures, Canada's leading ecosystem focused on bringing capital, marketing, programming and commercialization to companies in the food, beverage and health CPG industries, is thrilled to announce an innovative new partnership with Empire Company and its family of brands. The national grocer has become title sponsor of District Ventures' Accelerator program and District Ventures Kitchen. Through this one-of-a-kind partnership, Canadian food entrepreneurs in the District Ventures Accelerator program will receive valuable support from Empire, including coaching from Local Development Managers and opportunities to bring their products to the grocer's store shelves within a region or across Canada .
MISSISSAUGA, ON , Jan. 15, 2020 /CNW Telbec/ - Today, ClaimSecure announced a new strategic partnership with Rexall Drugstores and Sobeys Inc. to develop Canada's first comprehensive national health program ...