Investing.com - Empire reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Empire announced earnings per share of C$0.71 on revenue of C$7.94B. Analysts polled by Investing.com EPS of C$0.7503 on revenue of C$7.86B.
Empire 's are down 9% and is trading at C$34.94 , still down 24.04% from its 52 week high of C$46.00 set on Monday, April 11, 2022.
Empire shares lost 7.52% to trade at C$34.94 in intra-day trade the report.
Empire follows other major Consumer Discretionary sector earnings this month
Empire's report follows an earnings beat by Dollarama on Friday, September 9, 2022, who reported EPS of C$0.66 on revenue of C$1.22B, EPS of C$0.642 on revenue of C$1.19B.
Abc Technologies Holdings had beat expectations on Friday, September 2, 2022 with first quarter EPS of C$0.06 on revenue of C$319.2M, for EPS of C$0.0417 on revenue of C$311.18M.
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