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 anticipated EPS of C$0.7503 on revenue of C$7.86B.
Empire shares are down 9% from the beginning of the year , still down 24.04% from its 52 week high of C$46.00 set on Monday, April 11, 2022.
Empire shares lost 7.52% 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, compared to forecasts 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, compared to forecast for EPS of C$0.0417 on revenue of C$311.18M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar