|Empire Company Limited - EMP.a.t is a Canadian company headquartered in Stellarton, Nova Scotia. Key businesses are food retailing and related real estate, through wholly-owned subsidiary Sobeys Inc., and a 41.5% equity accounted interest in Crombie REIT.|
With $24.6 billion in annualized sales and $9.1 billion in assets, Empire and its subsidiaries, franchisees and affiliates employ approximately 125,000 people.
Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) today announced financial results for its fourth quarter and full year ended May 7, 2016. In the fourth quarter, the Company recorded adjusted net earnings, net of non-controlling interest, of $95.3 million ($0.35 per diluted share) compared to $136.7 million ($0.49 per diluted share) in the fourth quarter last year, a 30.3 percent decrease.