Empire Company Limited (EMLAF)
Empire Company Limited operates in the Grocery Stores industry of the Consumer Defensive sector, headquartered in Stellarton, NS, CA. The stock last traded at $35.65, up 0.00% on the session, giving a market capitalisation of $7.99B. On trailing twelve-month figures it carries a trailing P/E of 57.94, a net margin of 0.6%. Its beta of 0.35 implies it has historically moved less than the broad market.
Empire Company Limited, along with its various subsidiaries, is a prominent Canadian enterprise primarily engaged in food retailing and associated real estate ventures. Its operations are organized into two main divisions: Food Retailing, and Investments and Other Operations. The company boasts an extensive network of approximately 1,600 retail stores across Canada, comprising owned, affiliated, and franchised locations under popular banners such as Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs. Beyond groceries, Empire also manages around 350 retail fuel stations and operates several online grocery platforms, including Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com. In addition to its core retail activities, Empire holds an interest in the Crombie Real Estate Investment Trust (REIT). This open-ended trust specializes in acquiring, managing, and developing a diverse portfolio of properties, including shopping centers anchored by grocery stores and pharmacies, freestanding retail units, and mixed-use developments. The company further diversifies its investments through equity stakes in Genstar partnerships, which are involved in residential real estate development across Ontario, Western Canada, and the United States. Founded in 1907, Empire Company Limited maintains its headquarters in Stellarton, Canada.
Empire Company Limited is most often compared with the following Consumer Defensive names: