Empire Company Ltd. says its net earnings hit $125.7 million in its latest quarter as its Sobeys supermarket chain rebounded from a November cyberattack.
The results reported Thursday for the grocery store operator’s third quarter compared with $203.4 million in net earnings during the same period the year before.
Its earnings for the period ended Feb. 4 amounted to 49 cents per share, down from 77 cents per share in the third quarter of the prior fiscal year, when Empire said it incurred “unusually large” lease termination income and higher property sales from Crombie Real Estate Investment Trust.
Its adjusted net earnings totalled
