Empire Co Ltd Class A · TSX:EMP.A
Empire Co Ltd Class A — Q2 2018 Earnings Presentation
6 slides from Empire Co Ltd Class A's earnings presentation, Dec 13, 2017
Slide 1: Q2 F2018 Earnings Call
Q2 F2018 Earnings Call December 13, 2017
Slide 2: Executive Team
EMPIRE COMPANY LIMITED Soveys & Executive Team Michael Medline President & Chief Executive Officer PRO Nec Sun ~~ poate Pierre Vivek Rob Dierdre St-Laurent Sood Adams Horgan Clinton Jason Lyne Keay McCaskill Potter Executive General Executive Executive Vice Counsel Vice Vice Mike Simon Vels Gagné Ch
Slide 3: Second Quarter Highlights
Second Quarter Highlights • Company to launch FreshCo Discount format in Western Market • Company is moving forward with plans to convert up to 25% of its 255 Safeway and Sobeys full service format stores in Western Canada to its discount FreshCo banner over the next 5 years • Adjusted earnings per
Slide 4: Second Quarter Financial Summary
Second Quarter Financial Summary Quarter 2 YTD F18 Actual LY Actual LY Sales $6,026.1 $5,930.9 $12,299.3 $12,117.5 Same store sales, excluding fuel 0.4% (2.6)% 0.5% (1.9)% Inflation 0.7% -0.1% Gross Profit $1,473.5 $1,400.7 $3,004.5 $2,891.5 Gross margin 24.5% 23.6% 24.4% 23.9% Selling and Administr
Slide 5: Project Sunrise Update
Project Sunrise Update In the fourth quarter of fiscal 2017, the Company launched Project Sunrise, a comprehensive, three year transformation intended to simplify organizational structures and reduce costs. The transformation is expected to result in approximately $500 million in annualized cost sav
Slide 6: Disclaimers
Disclaimers Forward-Looking Information This document 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, objectives an