Thursday, December 12, 2024

Sobeys sales up, profits down


 

Empire Co. Ltd., owner of Sobeys supermarket chain, said second-quarter sales increased slightly to $7.78 billion compared with $7.75 billion last year and profits declined to $173.4 million from $181.1 million last year.


Empire owns Canada’s second-largest supermarket conglomerate.



It owns Sobeys, Longo’s, Safeway, Thrifty, Rachelle Bery, Tradition and BoniChoix stores.