The earnings call reflects a positive sentiment overall, with significant improvements in same-store sales, gross margins, and e-commerce expansion. Despite some pressure on SG&A rates and gradual normalization of consumer behavior, the outlook remains optimistic.
Company Guidance
During Empire's Second Quarter 2025 Conference Call, the company reported key financial metrics and operational updates. Same-store sales increased by 1.8%, reflecting improved consumer confidence driven by stabilizing food inflation and a 75 basis-point decline in interest rates. Gross margins improved by 48 basis points, supported by enhanced supply-chain efficiencies and reduced shrink. The adjusted earnings per share stood at CAD0.73, marking an 8.7% growth from the previous year. The e-commerce segment showed a 12% increase in sales, bolstered by strong performance from Voila and new partnerships with Instacart and Uber Eats. Despite a challenging economic environment, Empire's strategic initiatives, including investments in fresh offerings and supply-chain optimizations, contributed to a positive outlook for future growth.
Same-Store Sales Growth
Same-store sales grew by 1.8%, with improvements noted in both full-service and discount channels.
Improved Gross Margins
Gross margins improved by 48 basis points, driven by focus on stores, supply-chain efficiencies, and reduced shrink.
E-Commerce Expansion
E-commerce sales grew by 12%, with strong performance from Voila and new partnerships with Instacart and Uber Eats.
Adjusted EPS Growth
Adjusted EPS increased to CAD0.73, reflecting an 8.7% growth versus the prior year.
Positive Consumer Environment
Improving consumer sentiment with stabilized food inflation and declining interest rates, contributing to gradual business improvement.
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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
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%
Mar 14, 2024
C$33.14
C$32.27
-2.63%
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 Mar 13, 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 Mar 13, 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.