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Sobeys Inc. (Empire Co. Ltd.)

2018-19 SALES RANK16
2017-18 SALES RANK14
KEY EXECUTIVESMichael Medline / president, CEO
2018-19 SALES (IN BILLIONS $ U.S.)18.98 a
2017-18 SALES (IN BILLIONS $ U.S.)18.44 a
FISCAL YEAR-ENDMay
BRANDS/CONCEPTSSobeys, Safeway, IGA extra, Thrifty Foods, IGA, Farm Boy, Foodland, FreshCo, Price Chopper, Lawtons Drugs
HEADQUARTERSStellarton, Novia Scotia
NOTESSobeys Inc. (Empire Co. Ltd.) — During its latest fiscal year, in December 2018, Sobeys acquired the Farm Boy grocery store chain, with 26 locations operating at the time and a 27th due to open during winter 2018, for $800 million (Canadian) from Berkshire Partners and management investors. Latest-year results reflect estimated post-acquisition impact of Farm Boy stores. Sales for Sobeys’ latest year, which will end in May 2019, were estimated by Supermarket News to be $24.92 billion, up 2.9% from FY17-18 fiscal year estimated sales of $24.21 billion (Canadian).