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Empire Company

Buy Empire Company stocks

EMPIRE COMPANY (EMP) Stocks

ABOUT EMPIRE COMPANY

Empire Company Limited is a diversified Canadian conglomerate with key businesses activities in food distribution, real estate and corporate investment.

The company has its headquarters in Stellarton, Nova Scotia. It owns, among others, the Sobeys supermarket chain and in total affiliates or franchises more than 1 500 stores. In addition to Sobeys, brands include Safeway, IGA, Foodland, Farm Boy, FreshCo, Thrifty Foods and Lawtons Drug.

The company was founded in 1963 and issued its first annual report in January 1971. In 1976 it purchased Lawtons Drug Stores Limited, which operates 18 retail drug stores in Nova Scotia.

Since 1981 it acquired control of Sobey Stores Limited and in 2019 expanded outside of Ontario to Western Canada.

OVERVIEW OF EMPIRE COMPANY

  • Empire Company Limited operates through two segments, Food Retailing, and Investments and Other Operations.
  • Apart from its retail stores under the various retail banners it owns approximately 350 retail fuel locations and interest in Crombie Real Estate Investment Trust, an open-ended Canadian real estate investment trust.
  • Through this it operates and develops a portfolio of anchored shopping centres, freestanding stores and mixed-use developments. It also develops residential real estate properties in Ontario, Western Canada, and the United States. The company has about 123 000 full time employees.

VISION AND VALUES OF EMPIRE COMPANY

  • Empire Company Limited works together to make a difference and improve the quality of life in Canadian communities.

  • They believe a commitment to community is fundamental to sustaining success and encourage employees, franchisees and affiliates to participate in enhancing the well-being of the communities in which they live and work.

  • They are committed to operating business in an environmentally responsible manner and improving performance through reasonable, practical, environmentally responsible business practices.

  • Empire Company Limited adheres to its value chain to ensure the organisation reaches its goals set to meet the current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF EMPIRE COMPANY

  • Empire Company Limited’s shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol EMP listed in the Retail, Real Estate, Investment sector. Highlights of the company’s performance in 2019 include adjusted net earnings of US Dollar 133.9 million, (US Dollar 0.49 per share) compared to US Dollar 100.2 million (US Dollar 0.37 per share) last year, an increase of 34%.

  • Same-store sales excluding fuel increased by 2.4% and earnings per share of US Dollar 0.48 compared to US Dollar 0.35 last year, adjusted earnings per share of US Dollar 0.49 compared to US Dollar 0.37 last year.

  • In the first quarter of 2022 revenue was US Dollar 6,744.10 million and profit margin 1.94%.

  • Due to Empire Company Limited’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy EMPIRE COMPANY stocks / shares – A Step by Step Guide how to Buy / Purchase EMPIRE COMPANY Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy EMPIRE COMPANY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN EMPIRE COMPANY STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE EMPIRE COMPANY STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of EMPIRE COMPANY stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy EMPIRE COMPANY stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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