raised its quarterly dividend as it reported its fourth-quarter profit rose compared with a year ago.
The grocery retailer, which owns Sobeys and Safeway as well as other banners, says it will now pay a quarterly dividend of 18.25 cents per share, up from 16.5 cents per share. Empire says its profit for the 13-week period ended May 6 amounted to $182.9-million or 72 cents per share.Empire says its fourth-quarter sales totalled $7.41 billon, down from $7.84-billion in its fourth quarter last year, which included an additional week.
Same-store sales were up 1.6 per cent, while same-store sales, excluding fuel sales, were up 2.6 per cent.Checking box will enable automatic data updates.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TBT NEWSHOUR: June 19, 2023: Company eyes Thunder Bay for lithium plantRead the full story and comment on Tbnewswatch.com
Source: tbnewswatch - 🏆 75. / 51 Read more »
There is strength in industrial gas company stocks: Portfolio managerDan Rohinton, portfolio manager at iA Global Asset Management, joins BNN Bloomberg to share his investment strategy. He says industrial gas companies are strong beneficiaries of the infrastructure spending we are seeing across developed markets, and have durable pricing power.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Lawsuit: Company's insufficient testing of Titanic sub put passengers in 'potential extreme danger'The company whose submersible vanished in the North Atlantic on a tourist dive to the wreck of the Titanic was repeatedly warned that there might be catastrophic safety problems posed by the way it was developed, documents show.
Source: CP24 - 🏆 30. / 67 Read more »
Twitter employees sue company, claiming it refuses to pay 2022 bonusesTwitter workers sued the company claiming it refuses to pay 2022 bonuses, despite promises they\u0027d be paid out at 50% of targets. Read on.
Source: financialpost - 🏆 7. / 85 Read more »
Twitter employees sue company, claiming it refuses to pay 2022 bonusesTwitter workers sued the company claiming it refuses to pay 2022 bonuses, despite promises they\u0027d be paid out at 50% of targets. Read on.
Source: fpinvesting - 🏆 43. / 63 Read more »
Forest company granted request to appeal fine for wildfireTolko Industries facing more $343,000 fine for cost of April 2016 wildfire near Nazko
Source: PGCitizen - 🏆 65. / 51 Read more »