Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Empire Company Ltd T.EMP.A

Alternate Symbol(s):  EMLAF

Empire Company Limited is a Canadian company engaged in the business of food retailing and related real estate. The Company's principal business segments include Food Retailing, and Investments and Other Operations. The Food retailing segment operates through its wholly owned subsidiary, Sobeys Inc. (Sobeys). The Food retailing segment comprises three operating segments, namely Sobeys National, Farm Boy and Longo’s. Sobeys serves the food shopping needs of customers with approximately 1,600 retail stores (corporate, franchise, affiliate) as well as over 350 retail fuel locations. The Investments and other operations segment principally consists of investments in Crombie REIT, real estate partnerships and various other corporate operations. Crombie REIT owns, operates and develops a portfolio of grocery and pharmacy-anchored shopping centers, freestanding stores and mixed-use developments primarily in Canada’s urban and suburban markets.


TSX:EMP.A - Post by User

Bullboard Posts
Comment by mo1975on Jul 26, 2017 8:52pm
109 Views
Post# 26514190

RE:RE:RE:RE:RE:There

RE:RE:RE:RE:RE:There yes i know the upside will be limited until they have rid themselves of the safeway problems... remember they paid 4 b  but they also wrote down over 2 b of that in the last two years...... the problem they face in the alberta/border/saskatchewan was the fact that in order to get employees 10 years ago in the oil boom they had to pay cashiers over 25 dollars an hour.....now that the oil crunch has happened these type of high wages is really hitting the margin... hopefully Medline will find a way to manage this over the next 3 years.... once that is done you will have more upside with empire than with loblaws or metro... in the meantime i think they will still be able to pay their dividends
Bullboard Posts