Empire Company Limited's recent earnings report shows a strong start to fiscal 2027, with steady sales growth and improvements in operational efficiency.
On September 10, 2026, Empire Company Limited (EMP-A.TO) announced its earnings for the first quarter of fiscal 2027, marking a notable performance with an EPS of CAD 1.04, meeting analyst expectations. This reflects a year-over-year increase of 14.3%. The company reported revenue of CAD 8.475 billion, a 2.6% rise from the previous year, driven by disciplined execution and strategic growth initiatives.
Recent earnings trend
Advertisement
Empire Company Limited
EMP-A.TO
EMP-A.TO
Empire Company Limited
WealthAwesomeMarket cap
$10.71B
P/E
55.7x
Div. yield
1.84%
Div. / share
$0.88
52W high
$52.64
52W low
$43.39
1W change
-3.03%
Beta
0.33
Analyst Price Targets
Based on analyst covering EMP-A
Wall Street analysts forecast EMP-A stock price to rise 16.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$54.14
+16.8% Upside
Current Price
C$46.37
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on EMP-A's historical volatility
30-Day Vol
20.0%
Annualized
90-Day Vol
23.1%
Annualized
Trend (90d)
-27.3%
Annualized drift
90d Mean
C$42.07
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$44.89 | C$41.89 – C$48.10 |
| 60 trading days | C$43.46 | C$39.41 – C$47.92 |
| 90 trading days | C$42.07 | C$37.32 – C$47.42 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Analyst coverage: 5 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-07-31 | 2026-09-10 | 1.0400 | 1.0400 | +0.0% |
| 2026-04-30 | 2026-06-18 | 0.9400 | 0.8700 | +8.0% |
| 2026-01-31 | 2026-03-12 | 0.7200 | 0.7100 | +1.4% |
| 2025-10-31 | 2025-12-11 | 0.6900 | 0.7000 | -1.4% |
| 2025-07-31 | 2025-09-11 | 0.9100 | 0.8800 | +3.4% |
| 2025-04-30 | 2025-06-19 | 0.7400 | 0.7100 | +4.2% |
Advertisement
Investor takeaway: Empire's steady earnings growth, especially in e-commerce and same-store sales, highlights its resilience in a challenging market. Investors should keep an eye on the company's ongoing efforts in cost efficiency and strategic expansions, which could strengthen its competitive position in the Canadian grocery market.
EPS of CAD 1.04 Matches Estimates, Revenue Grows 2.6%
The company's ability to maintain its EPS at CAD 1.04, despite the competitive landscape, showcases its operational strength and strategic focus on growth areas.
Bull case
Empire's disciplined approach and cost efficiency initiatives have led to consistent earnings growth, with a strong increase in e-commerce sales. The company's focus on enhancing customer experience and integrating technology positions it well for future growth.
Bear case
Despite the positive earnings report, Empire faces challenges like flat gross margins and competitive pressures in the grocery sector. The market remains focused on value, and any further rise in supply chain costs could affect profitability.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
