Empire Company
Logotype for Empire Company Limited

Empire Company (EMP-A) investor relations material

Empire Company Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Empire Company Limited
Q2 2026 earnings summary11 Dec, 2025

Executive summary

  • Core business delivered 12.5% year-over-year adjusted EPS growth, excluding real estate and equity investment income, with strong operational execution and margin expansion.

  • Sales rose 2.8% year-over-year to $7,995 million, with food sales up 3.4% and same-store food sales up 2.5%, driven by both full-service and discount banners.

  • E-commerce sales surged 81.2% year-over-year, supported by new partnerships and Voilà platform growth, while pausing further CFC expansion.

  • Gross margin improved by 14 basis points excluding fuel, with further improvement to 20 basis points when excluding wholesale mix impact.

  • Strategic priorities include disciplined cost control, digital/data investments, store renovations, and efficiency initiatives.

Financial highlights

  • Adjusted EPS was $0.69 for Q2 F2026, four cents lower than last year due to lower real estate-related income; core operations showed strong growth when excluding these items.

  • Gross profit for Q2 F26 was $2,147 million, with a gross margin of 26.9%, up 40 bps year-over-year.

  • Adjusted EBITDA was $583 million, with a margin of 7.3%, down from $601 million and 7.7% last year.

  • Free cash flow for the quarter was $5 million, down from $76 million, mainly due to higher capital investments.

  • Dividend per share increased to $0.22 from $0.20 year-over-year.

Outlook and guidance

  • Fiscal 2026 capital spend expected at $850 million, with half for store renovations and expansion.

  • Aggregate pre-tax earnings from other income and investments expected at $120–$140 million in fiscal 2026, with catch-up anticipated in the second half.

  • Share buyback program on track, targeting up to $400 million for fiscal 2026, with $195 million already repurchased.

  • Long-term adjusted EPS growth targeted at 8% to 11%, driven by sales, gross margin, and EBITDA improvements.

When will SG&A growth rate fall below sales growth?
What is the path to Voilà's sustained profitability?
Other opportunities to leverage existing assets?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Empire Company earnings date

Logotype for Empire Company Limited
Q3 202612 Mar, 2026
Empire Company
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Empire Company earnings date

Logotype for Empire Company Limited
Q3 202612 Mar, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Empire Company Limited operates in the food retail and real estate sectors through its wholly owned subsidiary Sobeys Inc. The company manages a portfolio of grocery banners, pharmacies, and fuel stations across Canada. It also has interests in real estate development and investment. The company is headquartered in Stellarton, Canada, and its shares are listed on the TSX.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage