Empire Co Ltd Class A · TSX:EMP.A
Empire Co Ltd Class A — Q4 F2024 Earnings Presentation
12 slides from Empire Co Ltd Class A's earnings presentation, Jun 20, 2024
Slide 1: Q4 F24 Earnings
Q4 F24 Earnings June 20, 2024 empire
Slide 2: Disclaimers
Disclaimers Forward-Looking Information This presentation contains forward-looking statements which are presented for the purpose of assisting the reader to contextualize the Company’s financial position and understand management’s expectations regarding the Company’s strategic priorities, objective
Slide 3: Highlights: Q4-F24
Highlights: Q4-F24 Q4 F2024 Highlights Outlook / Business Updates • EPS and adjusted EPS of $0.61 and $0.63 respectively. Adjustments include: • The Company continues to be well positioned to pursue long-term growth – Restructuring: $15.5 million, net of taxes despite the impacts of economic uncerta
Slide 4: Financial Summary: Q4-F24
Financial Summary: Q4-F24 Q4 F2024 Q4 F24 Q4 F23 Fiscal 24 Fiscal 23 ($ million, unless otherwise noted) 13 weeks 13 weeks 52 weeks 52 weeks Sales $7,412 $7,408 $30,733 $30,478 Same-store sales (%), excluding fuel 0.2% 2.6% 2.0% 1.5% Gross Profit $2,005 $1,959 $8,070 $7,793 Gross margin (%)(1) 27.1%
Slide 5: Long-Term Financial Framework
Long-Term Financial Framework 8% to 11% Long Term Average Adjusted EPS Growth Driven by our intention to improve Sales, Gross Margin (ex. Fuel), and adjusted EBITDA margin Continued Focus on Stores Enhanced Focus on Digital and Data Efficiency and Cost Optimization We will continue to focus on drivi
Slide 6: Continued Focus on Stores
Continued Focus on Stores Renovations Space Productivity 20% –25% of network over between F24 Improve store layouts, optimize and F26 category/product adjacencies, tailor • Sales and margin uplift assortment BETTER DATA STORE FOCUSED SALES/SQ.FT. • Enhanced store productivity Customer-Centric • Stor
Slide 7: Enhanced Focus on Digital and Data
Enhanced Focus on Digital and Data Launched and rolled out Scene+, a differentiated national loyalty platform — driving incremental sales and earnings in year one Co-owner Personalization Drive Data Ownership to at Scale Incrementality Drive Insights Differentiated Connected Banners to Drive New Cus
Slide 8: Enhanced Focus on Digital and Data
Enhanced Focus on Digital and Data Key Areas of Focus Superior In-Stock Position Best-in-Class Delivery Experience Substantial Assortment Extremely low substitution rate, White glove delivery 39K SKUs at mature CFCs Differentiated Freshness Ongoing Innovation Loyalty & Personalization Omni-Channel F
Slide 9: Efficiency and Cost Optimization
Efficiency and Cost Optimization Strategic Supply Chain Organization Sourcing Drive efficiency and cost effectiveness • Drive supply chain productivity and • Turnaround Era (F18 - F23): through various initiatives (non- cost effectiveness Transitioned from a regional to exhaustive): national organiz
Slide 10: ESG Goals: Steady and tangible progress
ESG1 Goals: Steady and tangible progress Planet CLIMATE ACTION CLIMATE ACTION CLIMATE ACTION CLIMATE ACTION Near-term Scope 1 and 2 targets 15% 75% We’re reducing our impacts Conducted first climate scenario risk assessment on validated by Science Based Targets operational footprint and published in
Slide 11: Executive Leadership Team
Executive Leadership Team Michael Medline President & Chief Executive Officer Pierre St-Laurent Matt Reindel Sandra Sanderson Doug Nathanson Julia Knox Simon Gagné Chief Operating Officer Chief Financial Officer Chief Marketing Officer EVP, Chief Development Chief Technology and Chief Human Officer
Slide 12: Appendix 1: Other Income and Share of Earnings from Equity Investments – Historical
Appendix 1: Other Income and Share of Earnings from Equity Investments – Historical Other Income and Share of Earnings from Equity Investments (combined, as a percentage of adjusted EBITDA) varies by quarter, but on an annual basis, is consistently in the mid-single-digit range. Q1/F20 Q2/F20 Q3/F20