Article Date 09/09/2021

Sobeys-parent Empire posts revenue gain even as grocery sales fall from pandemic height

Source Globe and Mail

Growing fuel consumption, higher gas prices and the acquisition of the Longo's grocery chain drove an increase in first-quarter revenue for Sobeys parent Empire Company Ltd.

EMP-A-T -3.43%decrease
, even as grocery sales are falling compared to the height of pandemic-related shopping last year.

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