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 and are trading at C$34.94 , down-from-52-week-high.
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 September 9, 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 September 2 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.
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