Two years into Empire Company Limited’s three-year Project Sunrise transformation plan, the Company is surpassing milestones and exceeding targets. The team continues to make tough decisions and stand behind them. In every area of its operations, Empire is shifting from an inward focus on fixing fundamentals to an outward, customer-centric focus on innovating with purpose and executing with much more velocity.
Empire Company Limited (TSX: EMP.A) is a Canadian company headquartered in Stellarton, Nova Scotia. Empire’s key businesses are food retailing and related real estate. With approximately $25.1 billion in annual sales and $9.6 billion in assets, Empire and its subsidiaries, franchisees and affiliates employ approximately 123,000 people.
|52 weeks ended|
|($ in millions, except per share amounts)||May 4, 2019||May 5, 2018||May 6, 2017|
|Adjusted operating income(1)||683.6||601.7||378.5|
|per share (fully diluted)||1.42||0.59||0.58|
|Adjusted net earnings(1)(2)||410.0||344.3||191.3|
|per share (fully diluted)||1.50||1.27||0.70|
|Book value per common share(1)||14.72||13.62||13.40|
|Dividends per share||0.44||0.42||0.41|