STELLARTON, Nova Scotia — Modest inflation, new stores and store expansions helped Sobeys post a 3.3% sales gain and a 3.6% increase in net-earnings contribution during the fiscal first quarter that ended Aug. 6, according to financial results released here Wednesday by Sobeys’ parent company, Empire Cos.
Sobeys earned $82.4 million on sales of $4.1 billion (U.S.). Same-store sales increased by 1.7%.
In a conference call discussing results, Bill McEwan, chief executive ...
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