The earnings call reflects a solid performance with notable growth in same-store sales and e-commerce, alongside improvements in gross margin. However, increased SG&A expenses and economic uncertainties due to tariffs pose challenges. Overall, the positive factors slightly outweigh the negatives, indicating a strong position despite external challenges.
Company Guidance
During the Empire Third Quarter 2025 Conference Call, the company provided detailed guidance on several financial metrics and market trends. Empire reported a 3.1% increase in food sales, with same-store sales growing by 2.6%. Gross margins improved by 43 basis points, attributed to operating efficiencies and a focus on store execution. Despite a slight increase in SG&A expenses, driven by long-term share-based incentives, the company maintained strong financial performance with an adjusted EPS of $0.62, consistent with the previous year. E-commerce sales surged by 72%, bolstered by partnerships with Instacart and Uber Eats, and strong growth from the Voilà service. Empire emphasized its strategic shift towards Canadian products amid volatile market conditions, including potential impacts from tariffs and currency fluctuations. The company is optimistic about its ability to navigate these challenges, citing strong customer engagement and a diversified supply chain strategy.
Strong Same Store Sales Growth
Same store sales increased by 2.6% this quarter, supported by stronger top-line performance in full-service banners and continued performance in the discount banner.
E-commerce Expansion
E-commerce sales grew by 72%, driven by strong growth in Voilà and successful partnerships with Instacart and Uber Eats.
Gross Margin Improvement
Gross margin improved by 43 basis points, driven by operating efficiencies and a focus on store execution.
Fresh Department Growth
Outsized growth in the fresh department indicates customers are trading up from non-fresh to fresh products.
Adjusted EPS Consistency
Delivered adjusted EPS of $0.62, consistent with the prior year, indicating strong core operations.
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Empire Co Cl A NV (TSE:EMP.A) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:EMP.A Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 13, 2025
C$44.45
C$42.43
-4.54%
Dec 12, 2024
C$42.83
C$45.07
+5.23%
Sep 12, 2024
C$38.10
C$40.23
+5.59%
Jun 20, 2024
C$31.87
C$33.58
+5.37%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Empire Co Cl A NV (TSE:EMP.A) report earnings?
Empire Co Cl A NV (TSE:EMP.A) is schdueled to report earning on Jun 19, 2025, TBA Not Confirmed.
What is Empire Co Cl A NV (TSE:EMP.A) earnings time?
Empire Co Cl A NV (TSE:EMP.A) earnings time is at Jun 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.