India, June 18 -- On Thursday, Canadian food retailer Empire Co. Ltd. (EMLAF), reported higher profit in the fourth quarter compared to the prior year. Furthermore, the company declared a final dividend and expects growth in adjusted earnings per share for fiscal 2027.
On the OTC Markets OTCPK, the shares ended Wednesday's trading 2.79 percent down at $36.05.
Net earnings for the fourth quarter rose to C$221 million, from C$178 million in the same quarter last year. Earnings per share for the period grew to C$0.94, from C$0.74 in the previous year.
Adjusted net earnings was C$212 million, compared to C$173 million last year.
Adjusted EBITDA increased to C$644 million, from C$599 million in the prior year.
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