Empire Company Limited (EMPA) Earnings Call Transcripts

Empire Company Limited's Latest Earnings Call - Q4 FY2026

Empire Company Limited reported a strong Q4 2026, with adjusted EPS of $0.94, reflecting a 27% year-over-year increase. Revenue growth was driven by disciplined execution and strategic priorities, with food sales up 2.1% and same-store sales increasing by 1.4%. Management maintained guidance for fiscal 2027, expecting adjusted EPS growth at the high end of their long-term financial framework of 8% to 11%. The company also announced a 10.2% increase in its quarterly dividend, reinforcing its commitment to shareholder returns.

Reported metrics

Guidance from management

Management expects adjusted EPS growth for fiscal 27 to be at the high end of their financial framework of 8% to 11%, supported by food sales growth and margin expansion.

What management said

You anticipate it being a quarterback-only discount banner, is that correct? It's early to talk about plan, but I know they had a plan for expansion, and I can tell you this is going to be a credit of day one for us. So it will be profitable day one for us, and we will sit with the Mehran team to look at their plan, to look at how we can support them in their growth, but we see meaningful potential growth with that b...

We're pleased with what we did open. farm boys long goes discount mostly discount and it's in line with our expectation again we are very picky in locations we need i want i'm a big fan of being disciplined on how we allocate capital and i don't nothing to mention it's in line with our expectation The market is soft in general, but honestly, good reaction with every new store opening and conversion in the last quarte...

What analysts pressed on

Analysts expressed concerns about the slower e-commerce growth compared to peers and the impact of recent store closures on future sales. There were also questions regarding the sustainability of margin expansion amidst rising costs.

Main topics on the call

• Strong EPS Growth — Empire achieved an adjusted EPS of $0.94 for Q4 2026, up 27% year-over-year, driven by operational leverage and effective capital allocation. Management stated, "We delivered a very solid finish to Fiscal 26, driven by d...
• New Store Openings — Management signaled a shift towards new store growth, planning to open over 20 new stores in fiscal 2027 and more than 70 over the next three years. This is a strategic pivot from previous years focused on renovations an...
• Dividend Increase — Empire announced a 10.2% increase in its quarterly dividend, marking the 31st consecutive year of dividend growth. This reflects management's confidence in the company's financial health and commitment to returning value...
• Cost Efficiency and Margin Expansion — Management highlighted a focus on cost discipline and margin expansion, with gross margin growth of 14 basis points in fiscal 26. They expect to continue delivering 10 to 20 basis points of annual margin expansion over t...

Read the full Empire Company Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 32 Empire Company Limited earnings call transcripts on record, spanning March 12, 2020 to June 18, 2026. Based on this history, Empire Company Limited reports quarterly. The most recent call on file is dated June 18, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EMPA

Exchange

TSX

Country

CA

Sector

Consumer Staples

Industry

Consumer Staples Distribution and Retail

Calls on record

32

First call

March 12, 2020

Most recent

June 18, 2026

Reporting cadence

quarterly