Empire Delivers Strong Fiscal 2022 First Quarter Results

Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) today announced its financial results for the first quarter ended July 31, 2021. For the quarter, the Company recorded net earnings of $188.5 million ($0.70 per share) compared to $191.9 million ($0.71 per share) last year. Earnings per share from the prior year included a net positive impact of $0.04 as a result of a gain on a significant real estate transaction partly offset by a lump sum payment related to collective bargaining in Alberta. Excluding this impact, total earnings per share increased by 4.5%.

Q1 F2022 Consolidated Financial Statements (PDF)

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