Market Overview

Empire Posts Drop In Q1 Earnings

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Canada's Empire Co (OTC: EMLAF) reported a 24% drop in its first-quarter earnings from continuing operations.

Its quarterly net profit from continuing operations declined to C$82.6 million ($79.9 million), or C$1.21 a share, versus C$108.1 million, or C$1.59 a share, in the year-ago period.

Empire shares closed at $78.38 yesterday.

 

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