View Future GrowthEmpire 過去の業績過去 基準チェック /06Empireの収益は年間平均-4.9%の割合で減少していますが、 Consumer Retailing業界の収益は年間 増加しています。収益は年間0.2% 2%割合で 増加しています。 Empireの自己資本利益率は4%であり、純利益率は0.5%です。主要情報-4.95%収益成長率-2.03%EPS成長率Consumer Retailing 業界の成長10.26%収益成長率2.02%株主資本利益率4.02%ネット・マージン0.50%次回の業績アップデート18 Jun 2026最近の業績更新分析記事 • Mar 24There May Be Some Bright Spots In Empire's (TSE:EMP.A) EarningsThe market for Empire Company Limited's ( TSE:EMP.A ) shares didn't move much after it posted weak earnings recently...お知らせ • Mar 20Empire Company Limited to Report Q3, 2027 Results on Mar 11, 2027Empire Company Limited announced that they will report Q3, 2027 results on Mar 11, 2027Reported Earnings • Mar 13Third quarter 2026 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2026 results: CA$1.68 loss per share (down from CA$0.62 profit in 3Q 2025). Revenue: CA$7.92b (up 2.3% from 3Q 2025). Net loss: CA$385.0m (down 364% from profit in 3Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Dec 11Second quarter 2026 earnings: EPS misses analyst expectationsSecond quarter 2026 results: EPS: CA$0.69 (down from CA$0.73 in 2Q 2025). Revenue: CA$8.01b (up 2.6% from 2Q 2025). Net income: CA$159.0m (down 8.3% from 2Q 2025). Profit margin: 2.0% (down from 2.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.4%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Sep 12First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: CA$0.91 (up from CA$0.86 in 1Q 2025). Revenue: CA$8.29b (up 1.6% from 1Q 2025). Net income: CA$212.0m (up 2.0% from 1Q 2025). Profit margin: 2.6% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 24+ 3 more updatesEmpire Company Limited to Report Q4, 2026 Results on Jun 18, 2026Empire Company Limited announced that they will report Q4, 2026 results on Jun 18, 2026すべての更新を表示Recent updatesお知らせ • Apr 10Empire Company Limited (TSX:EMP.A) entered into an agreement to acquire Mayrand, Ltd.Empire Company Limited (TSX:EMP.A) entered into an agreement to acquire Mayrand, Ltd. on April 9, 2026. As part of the transaction, Empire will ensure continuity for the Mayrand workforce and stability for customers, suppliers, and business partners. The transaction is being completed pursuant to a court-approved process and remains subject to customary closing conditions, including receipt of court-approval and required regulatory approvals. The transaction is expected to close in first quarter of fiscal 2027.Upcoming Dividend • Apr 08Upcoming dividend of CA$0.22 per shareEligible shareholders must have bought the stock before 15 April 2026. Payment date: 30 April 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (5.6%). Higher than average of industry peers (1.1%).分析記事 • Mar 24There May Be Some Bright Spots In Empire's (TSE:EMP.A) EarningsThe market for Empire Company Limited's ( TSE:EMP.A ) shares didn't move much after it posted weak earnings recently...お知らせ • Mar 20Empire Company Limited to Report Q3, 2027 Results on Mar 11, 2027Empire Company Limited announced that they will report Q3, 2027 results on Mar 11, 2027Recent Insider Transactions • Mar 19Chief Marketing Officer recently sold CA$720k worth of stockOn the 13th of March, Sandra Sanderson sold around 14k shares on-market at roughly CA$50.00 per share. This transaction amounted to 98% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.0m more than they bought in the last 12 months.Declared Dividend • Mar 16Third quarter dividend of CA$0.22 announcedShareholders will receive a dividend of CA$0.22. Ex-date: 15th April 2026 Payment date: 30th April 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio). However, it is well covered by cash flows (15% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. However, EPS has declined by 23% over the last 5 years so the company would need to reverse this trend.New Risk • Mar 15New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 125% Dividend yield: 1.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (125% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).お知らせ • Mar 13Empire Company Limited Declares Quarterly Dividend Class A and B Common Shares, Payable on April 30, 2026The Board of Directors of Empire Company Limited declared a quarterly dividend of $0.22 per share on both the Class A shares and the Class B common shares that will be payable on April 30, 2026 to shareholders of record on April 15, 2026. These dividends are eligible dividends as defined for the purposes of the Income Tax Act (Canada) and applicable provincial legislation.New Risk • Mar 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).Reported Earnings • Mar 13Third quarter 2026 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2026 results: CA$1.68 loss per share (down from CA$0.62 profit in 3Q 2025). Revenue: CA$7.92b (up 2.3% from 3Q 2025). Net loss: CA$385.0m (down 364% from profit in 3Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Feb 21Empire Company Limited Announces Leadership ChangesEmpire Co. Ltd. has rejigged several top leadership roles at the company. The changes follow the promotion of Pierre St-Laurent to the job of chief executive at Empire late last year. The grocer has appointed Luc L’Archevêque to the new role of chief customer officer. The move comes as chief marketing officer Sandra Sanderson prepares to retire in July. It says L’Archevêque, who was chief merchandising officer at the company, has more than 25 years of experience working in the grocery industry. Empire also appointed Julia Knox, the company's chief technology and analytics officer, as its new chief retail officer, in charge of the grocer's retail operations, supply chain and central kitchens. She will continue to lead the company's technology and transformation team for the next 12 months, before fully assuming the role of chief retail officer. Empire says it has also expanded chief development officer Doug Nathanson's responsibilities to oversee its pharmacy, which it says has investment potential and untapped opportunities.分析記事 • Jan 21Slowing Rates Of Return At Empire (TSE:EMP.A) Leave Little Room For ExcitementDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Upcoming Dividend • Jan 08Upcoming dividend of CA$0.22 per shareEligible shareholders must have bought the stock before 15 January 2026. Payment date: 30 January 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (5.7%). Higher than average of industry peers (1.2%).Declared Dividend • Dec 16Second quarter dividend of CA$0.22 announcedShareholders will receive a dividend of CA$0.22. Ex-date: 15th January 2026 Payment date: 30th January 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Price Target Changed • Dec 12Price target decreased by 7.4% to CA$53.38Down from CA$57.63, the current price target is an average from 8 analysts. New target price is 16% above last closing price of CA$46.09. Stock is up 3.1% over the past year. The company posted earnings per share of CA$2.94 last year.お知らせ • Dec 12Empire Company Limited Declares Quarterly Dividend on Class A Shares and the Class B Common Shares, Payable on January 30, 2026The Board of Directors of Empire Company Limited declared a quarterly dividend of $0.22 per share on both the Class A shares and the Class B common shares that will be payable on January 30, 2026 to shareholders of record on January 15, 2026.Reported Earnings • Dec 11Second quarter 2026 earnings: EPS misses analyst expectationsSecond quarter 2026 results: EPS: CA$0.69 (down from CA$0.73 in 2Q 2025). Revenue: CA$8.01b (up 2.6% from 2Q 2025). Net income: CA$159.0m (down 8.3% from 2Q 2025). Profit margin: 2.0% (down from 2.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.4%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Dec 01These 4 Measures Indicate That Empire (TSE:EMP.A) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Nov 06+ 1 more updateEmpire Company Limited Appoints Pierre St-Laurent as President and Board of Directors, Effective November 5, 2025The Board of Directors of Empire Company Limited announced the appointment of Pierre St-Laurent, as President of Empire. Mr. St-Laurent will also serve on the Board of Directors of Empire. This appointment follows the company's announcement earlier this year of President & CEO Michael Medline's intention to retire from Empire. Mr. St-Laurent's appointment is effective November 5, 2025, with Mr. Medline remaining to support a thorough transition into December. A 34-year veteran of Empire, Mr. St-Laurent has served in increasingly senior roles with the company, across the finance, distribution and logistics, retail operations and merchandising functions. In 2019, he was appointed Executive Vice President & Chief Operating Officer for Empire, overseeing the company's merchandising, operations and supply chain functions across Canada, while also serving as a key member of the company's executive leadership team. In 2020, he was named one of Canada's 50 Best Executives by the Globe and Mail'sReport on Business Magazine. Mr. Medline retires from Empire after nine years of outstanding contributions to the growth and success of the company. Not only did he lead the difficult transformation and turnaround of what at the time was a struggling business, he has since steered Empire on its current growth trajectory, delivering immense value for shareholders in a dynamic and ever-changing marketplace.分析記事 • Oct 12Here's What To Make Of Empire's (TSE:EMP.A) Decelerating Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Upcoming Dividend • Oct 08Upcoming dividend of CA$0.22 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 31 October 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (1.2%).Declared Dividend • Sep 14First quarter dividend of CA$0.22 announcedShareholders will receive a dividend of CA$0.22. Ex-date: 15th October 2025 Payment date: 31st October 2025 Dividend yield will be 1.7%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Sep 13Empire Company Limited Appoints Kent R. Sobey to the Board of DirectorsEmpire Company Limited, at the AGM held on September 11, 2025 the shareholders voted Kent R. Sobey to the Board of Directors for the first time. Mr. Sobey has had a distinguished career in the media industry. He is founder and President of Farmhouse Productions Ltd., a television and media production company and serves as a corporate director of Blue Ant Media. He previously served as a trustee of Crombie REIT for 11 years and on the advisory board of Empire Theatres Limited.Reported Earnings • Sep 12First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: CA$0.91 (up from CA$0.86 in 1Q 2025). Revenue: CA$8.29b (up 1.6% from 1Q 2025). Net income: CA$212.0m (up 2.0% from 1Q 2025). Profit margin: 2.6% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 12Empire Company Limited announces Quarterly dividend, payable on October 31, 2025Empire Company Limited announced Quarterly dividend of CAD 0.2200 per share payable on October 31, 2025, ex-date on October 15, 2025 and record date on October 15, 2025.分析記事 • Sep 10Does This Valuation Of Empire Company Limited (TSE:EMP.A) Imply Investors Are Overpaying?Key Insights The projected fair value for Empire is CA$39.10 based on 2 Stage Free Cash Flow to Equity Current share...分析記事 • Aug 12Empire Company Limited's (TSE:EMP.A) Price Is Out Of Tune With EarningsTSX:EMP.A 1 Year Share Price vs Fair Value Explore Empire's Fair Values from the Community and select yours When close...Recent Insider Transactions • Aug 08Executive Vice President recently sold CA$480k worth of stockOn the 1st of August, Simon Gagné sold around 9k shares on-market at roughly CA$54.61 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$4.0m more than they bought in the last 12 months.Recent Insider Transactions • Aug 07Executive Vice President recently sold CA$480k worth of stockOn the 1st of August, Simon Gagné sold around 9k shares on-market at roughly CA$54.61 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$4.0m more than they bought in the last 12 months.New Risk • Jul 30New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$950k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.お知らせ • Jul 24+ 3 more updatesEmpire Company Limited to Report Q4, 2026 Results on Jun 18, 2026Empire Company Limited announced that they will report Q4, 2026 results on Jun 18, 2026Recent Insider Transactions Derivative • Jul 13President exercised options and sold CA$2.6m worth of stockOn the 10th of July, Michael Medline exercised options to acquire 45k shares at no cost and sold these for an average price of CA$56.68 per share. This trade did not impact their existing holding. For the year to May 2019, Michael's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Michael's direct individual holding has increased from 159.24k shares to 182.74k. Company insiders have collectively sold CA$22m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Jul 08Upcoming dividend of CA$0.22 per shareEligible shareholders must have bought the stock before 15 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (1.2%).分析記事 • Jun 30There May Be Some Bright Spots In Empire's (TSE:EMP.A) EarningsEmpire Company Limited's ( TSE:EMP.A ) stock was strong despite it releasing a soft earnings report last week. Our...お知らせ • Jun 30Empire Company Limited, Annual General Meeting, Sep 11, 2025Empire Company Limited, Annual General Meeting, Sep 11, 2025.Recent Insider Transactions Derivative • Jun 26President exercised options and sold CA$2.5m worth of stockOn the 20th of June, Michael Medline exercised options to acquire 45k shares at no cost and sold these for an average price of CA$55.19 per share. This trade did not impact their existing holding. For the year to May 2019, Michael's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Michael's direct individual holding has increased from 159.24k shares to 160.99k. Company insiders have collectively sold CA$16m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Jun 23Empire (TSE:EMP.A) Has Announced That It Will Be Increasing Its Dividend To CA$0.22Empire Company Limited's ( TSE:EMP.A ) dividend will be increasing from last year's payment of the same period to...Declared Dividend • Jun 23Fourth quarter dividend of CA$0.22 announcedShareholders will receive a dividend of CA$0.22. Ex-date: 15th July 2025 Payment date: 31st July 2025 Dividend yield will be 1.5%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 20Full year 2025 earnings released: EPS: CA$2.94 (vs CA$2.93 in FY 2024)Full year 2025 results: EPS: CA$2.94. Revenue: CA$31.3b (up 1.8% from FY 2024). Net income: CA$700.0m (down 3.5% from FY 2024). Profit margin: 2.2% (down from 2.4% in FY 2024). The decrease in margin was driven by higher expenses. Like-for-like sales growth: 2.3% vs FY 2024 Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Canada.分析記事 • Jun 20Returns On Capital At Empire (TSE:EMP.A) Have Hit The BrakesIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Jun 19Empire Company Limited Declares Quarterly Dividend on Class A Shares and Class B Common Shares, Payable on July 31, 2025Empire Company Limited declared a quarterly dividend of $0.22 per share on both Non-Voting Class A shares ("Class A shares") and Class B common shares, that will be payable on July 31, 2025 to shareholders of record on July 15, 2025. This reflects an increase in the annualized dividend rate of 10.0%. These dividends are eligible dividends as defined for the purposes of the Income Tax Act (Canada) and applicable provincial legislation.Recent Insider Transactions Derivative • May 04President exercised options and sold CA$3.0m worth of stockOn the 28th of April, Michael Medline exercised options to acquire 60k shares at no cost and sold these for an average price of CA$50.31 per share. This trade did not impact their existing holding. For the year to May 2018, Michael's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Michael's direct individual holding has increased from 159.24k shares to 160.99k. Company insiders have collectively sold CA$14m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Apr 08Upcoming dividend of CA$0.20 per shareEligible shareholders must have bought the stock before 15 April 2025. Payment date: 30 April 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (6.8%). Higher than average of industry peers (1.2%).Recent Insider Transactions Derivative • Apr 07Chief Operating Officer exercised options and sold CA$1.1m worth of stockOn the 1st of April, Pierre St-Laurent exercised options to acquire 23k shares at no cost and sold these for an average price of CA$47.81 per share. This trade did not impact their existing holding. Since June 2024, Pierre's direct individual holding has decreased from 99.00 shares to 0. Company insiders have collectively sold CA$10m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Mar 16Third quarter dividend of CA$0.20 announcedShareholders will receive a dividend of CA$0.20. Ex-date: 15th April 2025 Payment date: 30th April 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 13Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2025 results: EPS: CA$0.62 (up from CA$0.55 in 3Q 2024). Revenue: CA$7.74b (up 3.0% from 3Q 2024). Net income: CA$146.1m (up 8.9% from 3Q 2024). Profit margin: 1.9% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Mar 13+ 2 more updatesEmpire Company Limited Announces CFO ChangesEmpire Company Limited announced that Matt Reindel, Chief Financial Officer has decided to retire from the company. He will be replaced in May by Constantine Pefanis, who has most recently served as CFO of Green Infrastructure Partners. Reindel has agreed to stay on for the next several months to support a seamless transition. Pefanis joins Empire with a breadth of experience and practical depth, including capital and public markets expertise across different sectors, including retail. He holds a Bachelor of Commerce degree from the University of Toronto and is a Chartered Professional Accountant (CPA). Pefanis began his career with Arthur Anderson in its Advisory Practice, before joining Leon's Furniture Limited (LFL Group) where he held progressively senior finance roles, including as CFO, over a 19-year career.お知らせ • Jan 21Empire Company Limited to Report Q2, 2026 Results on Dec 11, 2025Empire Company Limited announced that they will report Q2, 2026 results on Dec 11, 2025Upcoming Dividend • Jan 08Upcoming dividend of CA$0.20 per shareEligible shareholders must have bought the stock before 15 January 2025. Payment date: 31 January 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.2%).Recent Insider Transactions Derivative • Dec 20President exercised options and sold CA$3.4m worth of stockOn the 13th of December, Michael Medline exercised options to acquire 76k shares at no cost and sold these for an average price of CA$44.83 per share. This trade did not impact their existing holding. For the year to May 2018, Michael's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Michael has owned 159.24k shares directly. Company insiders have collectively sold CA$6.9m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Dec 16Second quarter dividend of CA$0.20 announcedShareholders will receive a dividend of CA$0.20. Ex-date: 15th January 2025 Payment date: 31st January 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Price Target Changed • Dec 13Price target increased by 10% to CA$48.75Up from CA$44.13, the current price target is an average from 8 analysts. New target price is 8.7% above last closing price of CA$44.83. Stock is up 31% over the past year. The company posted earnings per share of CA$2.92 last year.お知らせ • Dec 13Empire Company Limited Declares Quarterly Dividend on Both Class A Shares and the Class B Common Shares, Payable on January 31, 2025Empire Company Limited announced that the board of directors declared a quarterly dividend of $0.20 per share on both the Class A shares and the Class B common shares that will be payable on January 31, 2025, to shareholders of record on January 15, 2025. These dividends are eligible as defined by the Income Tax Act (Canada) and applicable provincial legislation.Reported Earnings • Dec 12Second quarter 2025 earnings released: EPS: CA$0.73 (vs CA$0.73 in 2Q 2024)Second quarter 2025 results: EPS: CA$0.73. Revenue: CA$7.83b (flat on 2Q 2024). Net income: CA$173.4m (down 4.3% from 2Q 2024). Profit margin: 2.2% (down from 2.3% in 2Q 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Canada.お知らせ • Nov 12Empire Company Limited to Report Q1, 2026 Results on Sep 11, 2025Empire Company Limited announced that they will report Q1, 2026 results on Sep 11, 2025Upcoming Dividend • Oct 08Upcoming dividend of CA$0.20 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 31 October 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (1.3%).Recent Insider Transactions • Oct 04President recently sold CA$1.4m worth of stockOn the 30th of September, Michael Medline sold around 35k shares on-market at roughly CA$40.69 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.Declared Dividend • Sep 15First quarter dividend of CA$0.20 announcedShareholders will receive a dividend of CA$0.20. Ex-date: 15th October 2024 Payment date: 31st October 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Price Target Changed • Sep 13Price target increased by 9.1% to CA$42.71Up from CA$39.14, the current price target is an average from 7 analysts. New target price is 7.9% above last closing price of CA$39.57. Stock is up 7.8% over the past year. The company posted earnings per share of CA$2.92 last year.Reported Earnings • Sep 13First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: CA$0.86 (down from CA$1.04 in 1Q 2024). Revenue: CA$8.19b (up 1.3% from 1Q 2024). Net income: CA$207.8m (down 20% from 1Q 2024). Profit margin: 2.5% (down from 3.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.お知らせ • Sep 12Empire Company Limited Declares Quarterly Dividend on Class A and Class B Common Shares, Payable on October 31, 2024The Board of Directors of Empire Company Limited declared a quarterly dividend of $0.20 per share on both the Class A shares and the Class B common shares that will be payable on October 31, 2024 to shareholders of record on October 15, 2024. These dividends are eligible dividends as defined for the purposes of the Income Tax Act (Canada) and applicable provincial legislation.Upcoming Dividend • Jul 08Upcoming dividend of CA$0.20 per shareEligible shareholders must have bought the stock before 15 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Canadian dividend payers (6.6%). Higher than average of industry peers (1.3%).Recent Insider Transactions • Jun 30Independent Chairman recently sold CA$534k worth of stockOn the 21st of June, James Dickson sold around 16k shares on-market at roughly CA$34.48 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. James has been a net seller over the last 12 months, reducing personal holdings by CA$2.1k.Declared Dividend • Jun 23Fourth quarter dividend of CA$0.20 announcedShareholders will receive a dividend of CA$0.20. Ex-date: 15th July 2024 Payment date: 31st July 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 21Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: CA$2.92 (up from CA$2.65 in FY 2023). Revenue: CA$30.8b (flat on FY 2023). Net income: CA$725.2m (up 5.7% from FY 2023). Profit margin: 2.4% (up from 2.2% in FY 2023). Like-for-like sales growth: 2.0% vs FY 2023 Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jun 21Empire Company Limited Declares Quarterly Dividend on Non-Voting Class A Shares and the Class B Common Shares, Payable on July 31, 2024Empire Company Limited declared a quarterly dividend of $0.20 per share on both Non-Voting Class A shares (Class A shares) and Class B common shares, that will be payable on July 31, 2024 to shareholders of record on July 15, 2024. This reflects an increase in the annualized dividend rate of 9.6%.お知らせ • May 01+ 1 more updateEmpire Company Limited to Report Q4, 2025 Results on Jun 19, 2025Empire Company Limited announced that they will report Q4, 2025 results on Jun 19, 2025お知らせ • Apr 30+ 1 more updateEmpire Company Limited to Report Q2, 2025 Results on Dec 12, 2024Empire Company Limited announced that they will report Q2, 2025 results on Dec 12, 2024Upcoming Dividend • Apr 05Upcoming dividend of CA$0.18 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.3%).Declared Dividend • Mar 17Third quarter dividend of CA$0.18 announcedShareholders will receive a dividend of CA$0.18. Ex-date: 12th April 2024 Payment date: 30th April 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 14Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CA$0.55 (up from CA$0.49 in 3Q 2023). Revenue: CA$7.52b (flat on 3Q 2023). Net income: CA$134.2m (up 6.8% from 3Q 2023). Profit margin: 1.8% (in line with 3Q 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 14Empire Company Limited Declares Quarterly Dividend on Both the Class A Shares and the Class B Common Shares, Payable on April 30, 2024Empire Company Limited announced that the Board of Directors declared a quarterly dividend of $0.1825 per share on both the Class A shares and the Class B common shares that will be payable on April 30, 2024 to shareholders of record on April 15, 2024.お知らせ • Mar 09Empire Company Limited, Annual General Meeting, Mar 14, 2024Empire Company Limited, Annual General Meeting, Mar 14, 2024.お知らせ • Jan 24Empire Company Limited Appoints Clinton Keay as Senior Vice President, Corporate FinanceCrombie Real Estate Investment Trust announced that Clinton Keay will be resigning as Chief Financial Officer, effective February 23, 2024. Clinton will be joining Empire Company Limited as Senior Vice President, Corporate Finance.収支内訳Empire の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSX:EMP.A 収益、費用、利益 ( )CAD Millions日付収益収益G+A経費研究開発費31 Jan 2631,8581597,394001 Nov 2531,6826907,351002 Aug 2531,4827047,276003 May 2531,3607007,205001 Feb 2531,1196777,166002 Nov 2430,8956657,118003 Aug 2430,8686737,072004 May 2430,8007266,998003 Feb 2430,8197596,941004 Nov 2330,8177516,874005 Aug 2330,7167606,793006 May 2330,5826866,704004 Feb 2331,0066826,740005 Nov 2230,9207596,660006 Aug 2230,5837456,545007 May 2230,2727466,491029 Jan 2229,3577396,293030 Oct 2128,9747126,187031 Jul 2128,6166986,096001 May 2128,3367026,011030 Jan 2128,4227076,019031 Oct 2027,7976525,869001 Aug 2027,2786455,758002 May 2026,6785845,670001 Feb 2025,9025285,574002 Nov 1925,7654735,698003 Aug 1925,5254225,660004 May 1925,2493875,631002 Feb 1924,9053365,752003 Nov 1824,6913295,472004 Aug 1824,5082015,699005 May 1824,3131605,692003 Feb 1824,2231185,488004 Nov 1724,078905,647005 Aug 1723,9911475,475006 May 1723,9091595,483004 Feb 1724,402-8145,545005 Nov 1624,562-2,2105,536006 Aug 1624,676-2,1745,482007 May 1624,734-2,1315,436030 Jan 1624,221-1,1335,433031 Oct 1524,1213565,416001 Aug 1524,0704055,4270質の高い収益: EMP.AにはCA$760.0M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が31st January, 2026に影響を及ぼしています。利益率の向上: EMP.Aの現在の純利益率 (0.5%)は、昨年(2.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: EMP.Aの収益は過去 5 年間で年間4.9%減少しました。成長の加速: EMP.Aは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: EMP.Aは過去 1 年間で収益成長率がマイナス ( -76.5% ) となったため、 Consumer Retailing業界平均 ( 7.1% ) と比較することが困難です。株主資本利益率高いROE: EMP.Aの 自己資本利益率 ( 4% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-retailing 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 21:51終値2026/05/25 00:00収益2026/01/31年間収益2025/05/03データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Empire Company Limited 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。17 アナリスト機関James DurranBarclaysPhilip BassilBeacon Securities LimitedTamy ChenBMO Capital Markets Equity Research14 その他のアナリストを表示
分析記事 • Mar 24There May Be Some Bright Spots In Empire's (TSE:EMP.A) EarningsThe market for Empire Company Limited's ( TSE:EMP.A ) shares didn't move much after it posted weak earnings recently...
お知らせ • Mar 20Empire Company Limited to Report Q3, 2027 Results on Mar 11, 2027Empire Company Limited announced that they will report Q3, 2027 results on Mar 11, 2027
Reported Earnings • Mar 13Third quarter 2026 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2026 results: CA$1.68 loss per share (down from CA$0.62 profit in 3Q 2025). Revenue: CA$7.92b (up 2.3% from 3Q 2025). Net loss: CA$385.0m (down 364% from profit in 3Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Dec 11Second quarter 2026 earnings: EPS misses analyst expectationsSecond quarter 2026 results: EPS: CA$0.69 (down from CA$0.73 in 2Q 2025). Revenue: CA$8.01b (up 2.6% from 2Q 2025). Net income: CA$159.0m (down 8.3% from 2Q 2025). Profit margin: 2.0% (down from 2.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.4%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Sep 12First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: CA$0.91 (up from CA$0.86 in 1Q 2025). Revenue: CA$8.29b (up 1.6% from 1Q 2025). Net income: CA$212.0m (up 2.0% from 1Q 2025). Profit margin: 2.6% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 24+ 3 more updatesEmpire Company Limited to Report Q4, 2026 Results on Jun 18, 2026Empire Company Limited announced that they will report Q4, 2026 results on Jun 18, 2026
お知らせ • Apr 10Empire Company Limited (TSX:EMP.A) entered into an agreement to acquire Mayrand, Ltd.Empire Company Limited (TSX:EMP.A) entered into an agreement to acquire Mayrand, Ltd. on April 9, 2026. As part of the transaction, Empire will ensure continuity for the Mayrand workforce and stability for customers, suppliers, and business partners. The transaction is being completed pursuant to a court-approved process and remains subject to customary closing conditions, including receipt of court-approval and required regulatory approvals. The transaction is expected to close in first quarter of fiscal 2027.
Upcoming Dividend • Apr 08Upcoming dividend of CA$0.22 per shareEligible shareholders must have bought the stock before 15 April 2026. Payment date: 30 April 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (5.6%). Higher than average of industry peers (1.1%).
分析記事 • Mar 24There May Be Some Bright Spots In Empire's (TSE:EMP.A) EarningsThe market for Empire Company Limited's ( TSE:EMP.A ) shares didn't move much after it posted weak earnings recently...
お知らせ • Mar 20Empire Company Limited to Report Q3, 2027 Results on Mar 11, 2027Empire Company Limited announced that they will report Q3, 2027 results on Mar 11, 2027
Recent Insider Transactions • Mar 19Chief Marketing Officer recently sold CA$720k worth of stockOn the 13th of March, Sandra Sanderson sold around 14k shares on-market at roughly CA$50.00 per share. This transaction amounted to 98% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.0m more than they bought in the last 12 months.
Declared Dividend • Mar 16Third quarter dividend of CA$0.22 announcedShareholders will receive a dividend of CA$0.22. Ex-date: 15th April 2026 Payment date: 30th April 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio). However, it is well covered by cash flows (15% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. However, EPS has declined by 23% over the last 5 years so the company would need to reverse this trend.
New Risk • Mar 15New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 125% Dividend yield: 1.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (125% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
お知らせ • Mar 13Empire Company Limited Declares Quarterly Dividend Class A and B Common Shares, Payable on April 30, 2026The Board of Directors of Empire Company Limited declared a quarterly dividend of $0.22 per share on both the Class A shares and the Class B common shares that will be payable on April 30, 2026 to shareholders of record on April 15, 2026. These dividends are eligible dividends as defined for the purposes of the Income Tax Act (Canada) and applicable provincial legislation.
New Risk • Mar 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
Reported Earnings • Mar 13Third quarter 2026 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2026 results: CA$1.68 loss per share (down from CA$0.62 profit in 3Q 2025). Revenue: CA$7.92b (up 2.3% from 3Q 2025). Net loss: CA$385.0m (down 364% from profit in 3Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Feb 21Empire Company Limited Announces Leadership ChangesEmpire Co. Ltd. has rejigged several top leadership roles at the company. The changes follow the promotion of Pierre St-Laurent to the job of chief executive at Empire late last year. The grocer has appointed Luc L’Archevêque to the new role of chief customer officer. The move comes as chief marketing officer Sandra Sanderson prepares to retire in July. It says L’Archevêque, who was chief merchandising officer at the company, has more than 25 years of experience working in the grocery industry. Empire also appointed Julia Knox, the company's chief technology and analytics officer, as its new chief retail officer, in charge of the grocer's retail operations, supply chain and central kitchens. She will continue to lead the company's technology and transformation team for the next 12 months, before fully assuming the role of chief retail officer. Empire says it has also expanded chief development officer Doug Nathanson's responsibilities to oversee its pharmacy, which it says has investment potential and untapped opportunities.
分析記事 • Jan 21Slowing Rates Of Return At Empire (TSE:EMP.A) Leave Little Room For ExcitementDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Upcoming Dividend • Jan 08Upcoming dividend of CA$0.22 per shareEligible shareholders must have bought the stock before 15 January 2026. Payment date: 30 January 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (5.7%). Higher than average of industry peers (1.2%).
Declared Dividend • Dec 16Second quarter dividend of CA$0.22 announcedShareholders will receive a dividend of CA$0.22. Ex-date: 15th January 2026 Payment date: 30th January 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Price Target Changed • Dec 12Price target decreased by 7.4% to CA$53.38Down from CA$57.63, the current price target is an average from 8 analysts. New target price is 16% above last closing price of CA$46.09. Stock is up 3.1% over the past year. The company posted earnings per share of CA$2.94 last year.
お知らせ • Dec 12Empire Company Limited Declares Quarterly Dividend on Class A Shares and the Class B Common Shares, Payable on January 30, 2026The Board of Directors of Empire Company Limited declared a quarterly dividend of $0.22 per share on both the Class A shares and the Class B common shares that will be payable on January 30, 2026 to shareholders of record on January 15, 2026.
Reported Earnings • Dec 11Second quarter 2026 earnings: EPS misses analyst expectationsSecond quarter 2026 results: EPS: CA$0.69 (down from CA$0.73 in 2Q 2025). Revenue: CA$8.01b (up 2.6% from 2Q 2025). Net income: CA$159.0m (down 8.3% from 2Q 2025). Profit margin: 2.0% (down from 2.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.4%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Dec 01These 4 Measures Indicate That Empire (TSE:EMP.A) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Nov 06+ 1 more updateEmpire Company Limited Appoints Pierre St-Laurent as President and Board of Directors, Effective November 5, 2025The Board of Directors of Empire Company Limited announced the appointment of Pierre St-Laurent, as President of Empire. Mr. St-Laurent will also serve on the Board of Directors of Empire. This appointment follows the company's announcement earlier this year of President & CEO Michael Medline's intention to retire from Empire. Mr. St-Laurent's appointment is effective November 5, 2025, with Mr. Medline remaining to support a thorough transition into December. A 34-year veteran of Empire, Mr. St-Laurent has served in increasingly senior roles with the company, across the finance, distribution and logistics, retail operations and merchandising functions. In 2019, he was appointed Executive Vice President & Chief Operating Officer for Empire, overseeing the company's merchandising, operations and supply chain functions across Canada, while also serving as a key member of the company's executive leadership team. In 2020, he was named one of Canada's 50 Best Executives by the Globe and Mail'sReport on Business Magazine. Mr. Medline retires from Empire after nine years of outstanding contributions to the growth and success of the company. Not only did he lead the difficult transformation and turnaround of what at the time was a struggling business, he has since steered Empire on its current growth trajectory, delivering immense value for shareholders in a dynamic and ever-changing marketplace.
分析記事 • Oct 12Here's What To Make Of Empire's (TSE:EMP.A) Decelerating Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Upcoming Dividend • Oct 08Upcoming dividend of CA$0.22 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 31 October 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (1.2%).
Declared Dividend • Sep 14First quarter dividend of CA$0.22 announcedShareholders will receive a dividend of CA$0.22. Ex-date: 15th October 2025 Payment date: 31st October 2025 Dividend yield will be 1.7%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 13Empire Company Limited Appoints Kent R. Sobey to the Board of DirectorsEmpire Company Limited, at the AGM held on September 11, 2025 the shareholders voted Kent R. Sobey to the Board of Directors for the first time. Mr. Sobey has had a distinguished career in the media industry. He is founder and President of Farmhouse Productions Ltd., a television and media production company and serves as a corporate director of Blue Ant Media. He previously served as a trustee of Crombie REIT for 11 years and on the advisory board of Empire Theatres Limited.
Reported Earnings • Sep 12First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: CA$0.91 (up from CA$0.86 in 1Q 2025). Revenue: CA$8.29b (up 1.6% from 1Q 2025). Net income: CA$212.0m (up 2.0% from 1Q 2025). Profit margin: 2.6% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 12Empire Company Limited announces Quarterly dividend, payable on October 31, 2025Empire Company Limited announced Quarterly dividend of CAD 0.2200 per share payable on October 31, 2025, ex-date on October 15, 2025 and record date on October 15, 2025.
分析記事 • Sep 10Does This Valuation Of Empire Company Limited (TSE:EMP.A) Imply Investors Are Overpaying?Key Insights The projected fair value for Empire is CA$39.10 based on 2 Stage Free Cash Flow to Equity Current share...
分析記事 • Aug 12Empire Company Limited's (TSE:EMP.A) Price Is Out Of Tune With EarningsTSX:EMP.A 1 Year Share Price vs Fair Value Explore Empire's Fair Values from the Community and select yours When close...
Recent Insider Transactions • Aug 08Executive Vice President recently sold CA$480k worth of stockOn the 1st of August, Simon Gagné sold around 9k shares on-market at roughly CA$54.61 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$4.0m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 07Executive Vice President recently sold CA$480k worth of stockOn the 1st of August, Simon Gagné sold around 9k shares on-market at roughly CA$54.61 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$4.0m more than they bought in the last 12 months.
New Risk • Jul 30New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$950k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
お知らせ • Jul 24+ 3 more updatesEmpire Company Limited to Report Q4, 2026 Results on Jun 18, 2026Empire Company Limited announced that they will report Q4, 2026 results on Jun 18, 2026
Recent Insider Transactions Derivative • Jul 13President exercised options and sold CA$2.6m worth of stockOn the 10th of July, Michael Medline exercised options to acquire 45k shares at no cost and sold these for an average price of CA$56.68 per share. This trade did not impact their existing holding. For the year to May 2019, Michael's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Michael's direct individual holding has increased from 159.24k shares to 182.74k. Company insiders have collectively sold CA$22m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Jul 08Upcoming dividend of CA$0.22 per shareEligible shareholders must have bought the stock before 15 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (1.2%).
分析記事 • Jun 30There May Be Some Bright Spots In Empire's (TSE:EMP.A) EarningsEmpire Company Limited's ( TSE:EMP.A ) stock was strong despite it releasing a soft earnings report last week. Our...
お知らせ • Jun 30Empire Company Limited, Annual General Meeting, Sep 11, 2025Empire Company Limited, Annual General Meeting, Sep 11, 2025.
Recent Insider Transactions Derivative • Jun 26President exercised options and sold CA$2.5m worth of stockOn the 20th of June, Michael Medline exercised options to acquire 45k shares at no cost and sold these for an average price of CA$55.19 per share. This trade did not impact their existing holding. For the year to May 2019, Michael's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Michael's direct individual holding has increased from 159.24k shares to 160.99k. Company insiders have collectively sold CA$16m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Jun 23Empire (TSE:EMP.A) Has Announced That It Will Be Increasing Its Dividend To CA$0.22Empire Company Limited's ( TSE:EMP.A ) dividend will be increasing from last year's payment of the same period to...
Declared Dividend • Jun 23Fourth quarter dividend of CA$0.22 announcedShareholders will receive a dividend of CA$0.22. Ex-date: 15th July 2025 Payment date: 31st July 2025 Dividend yield will be 1.5%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 20Full year 2025 earnings released: EPS: CA$2.94 (vs CA$2.93 in FY 2024)Full year 2025 results: EPS: CA$2.94. Revenue: CA$31.3b (up 1.8% from FY 2024). Net income: CA$700.0m (down 3.5% from FY 2024). Profit margin: 2.2% (down from 2.4% in FY 2024). The decrease in margin was driven by higher expenses. Like-for-like sales growth: 2.3% vs FY 2024 Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Canada.
分析記事 • Jun 20Returns On Capital At Empire (TSE:EMP.A) Have Hit The BrakesIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Jun 19Empire Company Limited Declares Quarterly Dividend on Class A Shares and Class B Common Shares, Payable on July 31, 2025Empire Company Limited declared a quarterly dividend of $0.22 per share on both Non-Voting Class A shares ("Class A shares") and Class B common shares, that will be payable on July 31, 2025 to shareholders of record on July 15, 2025. This reflects an increase in the annualized dividend rate of 10.0%. These dividends are eligible dividends as defined for the purposes of the Income Tax Act (Canada) and applicable provincial legislation.
Recent Insider Transactions Derivative • May 04President exercised options and sold CA$3.0m worth of stockOn the 28th of April, Michael Medline exercised options to acquire 60k shares at no cost and sold these for an average price of CA$50.31 per share. This trade did not impact their existing holding. For the year to May 2018, Michael's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Michael's direct individual holding has increased from 159.24k shares to 160.99k. Company insiders have collectively sold CA$14m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Apr 08Upcoming dividend of CA$0.20 per shareEligible shareholders must have bought the stock before 15 April 2025. Payment date: 30 April 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Canadian dividend payers (6.8%). Higher than average of industry peers (1.2%).
Recent Insider Transactions Derivative • Apr 07Chief Operating Officer exercised options and sold CA$1.1m worth of stockOn the 1st of April, Pierre St-Laurent exercised options to acquire 23k shares at no cost and sold these for an average price of CA$47.81 per share. This trade did not impact their existing holding. Since June 2024, Pierre's direct individual holding has decreased from 99.00 shares to 0. Company insiders have collectively sold CA$10m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Mar 16Third quarter dividend of CA$0.20 announcedShareholders will receive a dividend of CA$0.20. Ex-date: 15th April 2025 Payment date: 30th April 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 13Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2025 results: EPS: CA$0.62 (up from CA$0.55 in 3Q 2024). Revenue: CA$7.74b (up 3.0% from 3Q 2024). Net income: CA$146.1m (up 8.9% from 3Q 2024). Profit margin: 1.9% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Mar 13+ 2 more updatesEmpire Company Limited Announces CFO ChangesEmpire Company Limited announced that Matt Reindel, Chief Financial Officer has decided to retire from the company. He will be replaced in May by Constantine Pefanis, who has most recently served as CFO of Green Infrastructure Partners. Reindel has agreed to stay on for the next several months to support a seamless transition. Pefanis joins Empire with a breadth of experience and practical depth, including capital and public markets expertise across different sectors, including retail. He holds a Bachelor of Commerce degree from the University of Toronto and is a Chartered Professional Accountant (CPA). Pefanis began his career with Arthur Anderson in its Advisory Practice, before joining Leon's Furniture Limited (LFL Group) where he held progressively senior finance roles, including as CFO, over a 19-year career.
お知らせ • Jan 21Empire Company Limited to Report Q2, 2026 Results on Dec 11, 2025Empire Company Limited announced that they will report Q2, 2026 results on Dec 11, 2025
Upcoming Dividend • Jan 08Upcoming dividend of CA$0.20 per shareEligible shareholders must have bought the stock before 15 January 2025. Payment date: 31 January 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.2%).
Recent Insider Transactions Derivative • Dec 20President exercised options and sold CA$3.4m worth of stockOn the 13th of December, Michael Medline exercised options to acquire 76k shares at no cost and sold these for an average price of CA$44.83 per share. This trade did not impact their existing holding. For the year to May 2018, Michael's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Michael has owned 159.24k shares directly. Company insiders have collectively sold CA$6.9m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Dec 16Second quarter dividend of CA$0.20 announcedShareholders will receive a dividend of CA$0.20. Ex-date: 15th January 2025 Payment date: 31st January 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Price Target Changed • Dec 13Price target increased by 10% to CA$48.75Up from CA$44.13, the current price target is an average from 8 analysts. New target price is 8.7% above last closing price of CA$44.83. Stock is up 31% over the past year. The company posted earnings per share of CA$2.92 last year.
お知らせ • Dec 13Empire Company Limited Declares Quarterly Dividend on Both Class A Shares and the Class B Common Shares, Payable on January 31, 2025Empire Company Limited announced that the board of directors declared a quarterly dividend of $0.20 per share on both the Class A shares and the Class B common shares that will be payable on January 31, 2025, to shareholders of record on January 15, 2025. These dividends are eligible as defined by the Income Tax Act (Canada) and applicable provincial legislation.
Reported Earnings • Dec 12Second quarter 2025 earnings released: EPS: CA$0.73 (vs CA$0.73 in 2Q 2024)Second quarter 2025 results: EPS: CA$0.73. Revenue: CA$7.83b (flat on 2Q 2024). Net income: CA$173.4m (down 4.3% from 2Q 2024). Profit margin: 2.2% (down from 2.3% in 2Q 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Canada.
お知らせ • Nov 12Empire Company Limited to Report Q1, 2026 Results on Sep 11, 2025Empire Company Limited announced that they will report Q1, 2026 results on Sep 11, 2025
Upcoming Dividend • Oct 08Upcoming dividend of CA$0.20 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 31 October 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (1.3%).
Recent Insider Transactions • Oct 04President recently sold CA$1.4m worth of stockOn the 30th of September, Michael Medline sold around 35k shares on-market at roughly CA$40.69 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.
Declared Dividend • Sep 15First quarter dividend of CA$0.20 announcedShareholders will receive a dividend of CA$0.20. Ex-date: 15th October 2024 Payment date: 31st October 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Price Target Changed • Sep 13Price target increased by 9.1% to CA$42.71Up from CA$39.14, the current price target is an average from 7 analysts. New target price is 7.9% above last closing price of CA$39.57. Stock is up 7.8% over the past year. The company posted earnings per share of CA$2.92 last year.
Reported Earnings • Sep 13First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: CA$0.86 (down from CA$1.04 in 1Q 2024). Revenue: CA$8.19b (up 1.3% from 1Q 2024). Net income: CA$207.8m (down 20% from 1Q 2024). Profit margin: 2.5% (down from 3.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Sep 12Empire Company Limited Declares Quarterly Dividend on Class A and Class B Common Shares, Payable on October 31, 2024The Board of Directors of Empire Company Limited declared a quarterly dividend of $0.20 per share on both the Class A shares and the Class B common shares that will be payable on October 31, 2024 to shareholders of record on October 15, 2024. These dividends are eligible dividends as defined for the purposes of the Income Tax Act (Canada) and applicable provincial legislation.
Upcoming Dividend • Jul 08Upcoming dividend of CA$0.20 per shareEligible shareholders must have bought the stock before 15 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Canadian dividend payers (6.6%). Higher than average of industry peers (1.3%).
Recent Insider Transactions • Jun 30Independent Chairman recently sold CA$534k worth of stockOn the 21st of June, James Dickson sold around 16k shares on-market at roughly CA$34.48 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. James has been a net seller over the last 12 months, reducing personal holdings by CA$2.1k.
Declared Dividend • Jun 23Fourth quarter dividend of CA$0.20 announcedShareholders will receive a dividend of CA$0.20. Ex-date: 15th July 2024 Payment date: 31st July 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 21Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: CA$2.92 (up from CA$2.65 in FY 2023). Revenue: CA$30.8b (flat on FY 2023). Net income: CA$725.2m (up 5.7% from FY 2023). Profit margin: 2.4% (up from 2.2% in FY 2023). Like-for-like sales growth: 2.0% vs FY 2023 Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jun 21Empire Company Limited Declares Quarterly Dividend on Non-Voting Class A Shares and the Class B Common Shares, Payable on July 31, 2024Empire Company Limited declared a quarterly dividend of $0.20 per share on both Non-Voting Class A shares (Class A shares) and Class B common shares, that will be payable on July 31, 2024 to shareholders of record on July 15, 2024. This reflects an increase in the annualized dividend rate of 9.6%.
お知らせ • May 01+ 1 more updateEmpire Company Limited to Report Q4, 2025 Results on Jun 19, 2025Empire Company Limited announced that they will report Q4, 2025 results on Jun 19, 2025
お知らせ • Apr 30+ 1 more updateEmpire Company Limited to Report Q2, 2025 Results on Dec 12, 2024Empire Company Limited announced that they will report Q2, 2025 results on Dec 12, 2024
Upcoming Dividend • Apr 05Upcoming dividend of CA$0.18 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (1.3%).
Declared Dividend • Mar 17Third quarter dividend of CA$0.18 announcedShareholders will receive a dividend of CA$0.18. Ex-date: 12th April 2024 Payment date: 30th April 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 14Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CA$0.55 (up from CA$0.49 in 3Q 2023). Revenue: CA$7.52b (flat on 3Q 2023). Net income: CA$134.2m (up 6.8% from 3Q 2023). Profit margin: 1.8% (in line with 3Q 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Canada. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 14Empire Company Limited Declares Quarterly Dividend on Both the Class A Shares and the Class B Common Shares, Payable on April 30, 2024Empire Company Limited announced that the Board of Directors declared a quarterly dividend of $0.1825 per share on both the Class A shares and the Class B common shares that will be payable on April 30, 2024 to shareholders of record on April 15, 2024.
お知らせ • Mar 09Empire Company Limited, Annual General Meeting, Mar 14, 2024Empire Company Limited, Annual General Meeting, Mar 14, 2024.
お知らせ • Jan 24Empire Company Limited Appoints Clinton Keay as Senior Vice President, Corporate FinanceCrombie Real Estate Investment Trust announced that Clinton Keay will be resigning as Chief Financial Officer, effective February 23, 2024. Clinton will be joining Empire Company Limited as Senior Vice President, Corporate Finance.