Empire Co. Ltd.

recorded its strongest ever earnings per share in the first quarter, reporting net earnings of $0.91 per share compared to $0.86 per share last year, the company said on Thursday.

The parent company of

Sobeys Inc.

released its results for the quarter ended Aug. 2, reporting net earnings of $212 million, up from $208 million in the prior year.

“Fiscal 2026 is off to a solid start as we delivered another quarter of strong bottom line growth, the strongest quarterly earnings per share in our history, underscoring the fact our team’s execution continues to improve,” said Empire chief executive Michael Medline.

  • Empire first to officially sign on to grocery code of conduct
  • ‘We are not seeing inflation’: Empire CEO

The company reported a 5.1 per cent increase in gross profit to $2.235 million, which it said was primarily driven by higher sales and strong performance in full-service banners.

More to come.