Sobeys Q3: profitability improves as it plans for next growth phase

Date : 14 March 2020

Stewart Samuel

Program Director - Canada

We review Sobeys’ third quarter performance as it looks to complete its three-year turnaround plan, Project Sunrise. Key numbers Total sales up 2.4% to $6.4bn Same-store sales (ex-fuel) up 0.8% Operating income up $125m to $235.0m Adjusted net earnings up 69.7% to $123.7m…
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