TSX:EMP.AConsumer Retailing
E‑Commerce Impairment And Strategy Reset Could Be A Game Changer For Empire (TSX:EMP.A)
Empire Company Limited has already reported fiscal third-quarter 2026 results, with sales rising to CA$7,890 million but swinging from a CA$146 million profit to a CA$385 million net loss after a large e-commerce impairment, while still affirming a CA$0.22 quarterly dividend and completing a CA$275.03 million share buyback.
The shift away from its underperforming e-commerce fulfillment centers toward third-party delivery partnerships, including a new agreement with DoorDash, signals a reset...