TheCanadaTime

Sobeys parent Empire reports net loss in third quarter

2026-03-12 - 14:43

Empire Co. Ltd. reported a net loss of $385 million or $1.68 per share in the third quarter, a 371 per cent drop from the $146 million in earnings (or $0.62 per share) last year. The company attributed the loss mainly to the closure of its e-commerce banner Voilà in western Canada. Read More

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