The improved dividend came as Empire reported its profit amounted to 45 cents per share for the 13 weeks ended May 4, compared with 26 cents per share a year earlier.Sales in what was the company’s fourth quarter grew to $6.22-billion compared with $5.89-billion. Same-store sales were up 3.2 per cent for the most recent quarter, compared with 0.5 per cent a year ago.
On an adjusted basis, Empire said it earned $126.5-million or 46 cents per share for the quarter, up from an adjusted profit of $93-million or 35 cents per share a year ago.Tickers mentioned in this storyDue to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience.
globebusiness Amazing what gouging customers by inflating the carbon tax will do for their bottom line.
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