STELLARTON, Nova Scotia — Sobeys here posted a gain in third-quarter sales following a recent acquisition, and adjusted net income also increased.
As detailed in an earnings report Tuesday from Sobey’s parent company, Empire Cos., Sobeys saw its third-quarter sales rise 8.8%, to about $4.2 billion (U.S.). Excluding the acquisition of 236 gas stations and related convenience stores in last year’s fourth quarter, Sobeys sales were up 2.6%. Same-store sales rose 1.2%. in ...
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