Empire Company Ltd. reported a first-quarter profit of $95.6 million, up from $54.0 million a year ago. The parent company of Sobeys says the profit amounted to 35 cents per share for the quarter ended Aug. 4 compared with a profit of 30 cents per share in the same quarter last year. Medline’s comments came as the company reported a first-quarter profit of $95.6 million, up from $54 million a year ago. On an adjusted basis, Empire said it earned $100.2 million or 37 cents per share for the quarter, up from $87.5 million or 32 cents per share a year ago. Analysts had expected an adjusted profit of 42 cents per share, according to Thomson Reuters Eikon.

Source: thestar September 13, 2018 18:56 UTC