Empire Co Ltd Class A · TSX:EMP.A
Empire Co Ltd Class A — Investor Presentation (September 2018)
15 slides from Empire Co Ltd Class A's investor presentation, September 2018
Slide 1: Investor Presentation September 2018
Investor Presentation September 2018 Katie Brine, Director, Investor Relations Phone: 905-238-7124 x2092 Email: [email protected]
Slide 2: Disclaimers
Disclaimers Forward-Looking Information This document contains forward-looking statements which are presented for the purpose of assisting the reader to contextualize the Empire Company Limited’s (“Empire” or the “Company”) financial position and understand management’s expectations regarding the Co
Slide 3: Executive Team
EMPIRE COMPANY LIMITED Executive Team Sobveyr Michael Medline President & Chief Executive Officer Lyne Pierre Vivek Sarah Mike Simon Clinton Vittoria Castonguay St-Laurent Sood Joyce Vels Gagne Keay Nathanson Varalli Executive K xecutive C al Senior Vice Executive Executive Executive Vice nior Vice
Slide 4: Empire Company Limited – Who are we?
Empire Company Limited – Who are we? • Canadian company headquartered in Stellarton, Quick Facts – Empire* Nova Scotia. Share price (CAN$)** $23.38 • Key businesses include food retailing and related 52-Week High ** $27.08 real estate through wholly owned subsidiary Sobeys Inc. and a 41.5% equity ac
Slide 5: Key Achievements – Last twelve months
Key Achievements – Last twelve months 2017 September • Announced first quarter results; achieved positive same-store sales for the first time in six quarters December • Announced expansion of Ontario Discount format banner, FreshCo, to Western Canada in fiscal 2019 • Announced Phase 1 of Project Sun
Slide 6: Strategic Focus
Strategic Focus Reset our Bolster our Win in our Enhance Win E-commerce Foundation Brand Stores Discount Successful Strengthen the Improve service Expand discount Launch home completion of emotional and offering in our to Western delivery through Sunrise by end of connection to our conventional Ca
Slide 7: 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 at least $500 million in annualized cost savings
Slide 8: Ocado Solutions
Ocado Solutions With more than 15 years at the forefront of innovation and success in grocery ecommerce, Ocado will partner exclusively in Canada with Sobeys on our end-to-end e-commerce solution. Key facts: • Canadian online grocery market is growing 30%+ per year • Greater Toronto Area (“GTA”) Cus
Slide 9: Financial Results – Annual
Financial Results – Annual Fiscal 2018 2017 2016 52 weeks 52 weeks 53 weeks 5-May-18 6-May-17 7-May-16 Sales $24,214.6 $23,806.2 $24,618.8 Same store sales growth (decline), excluding fuel 0.5% (2.2)% 0.3% Inflation at quarter end – internal 0.8% (1.9)% 2.2% Gross profit $5,900.5 $5,707.2 $5,957.6 G
Slide 10: Financial Results – 12 Quarter Review
Financial Results – 12 Quarter Review Fiscal Fiscal Fiscal Fiscal 2019 2018 2017 2016 Q1 F19 Q4 F18 Q3 F18 Q2 F18 Q1 F18 Q4 F17 Q3 F17 Q2 F17 Q1 F17 Q4 F16 Q3 F16 Q2 F16 Aug. 4 May 5, Feb. 3, Nov. 4, Aug. 5, May 6, Feb. 4, Nov. 5, Aug. 6, May. 7, Jan. 30, Oct. 31, 2018 2018 2018 2017 2017 2017 2017
Slide 11: Appendix
EMPIRE COMPANY LIMITED Appendix
Slide 12: FreshCo 2.0
EMPIRE FreshCo 2.0 Sobveyr of = ee 4 See Perri’ wae
Slide 13: FreshCo 2.0 continued
EMPIRE COMPANY LIMITED FreshCo 2.0 continued Sobveyr ef f qyBLE
Slide 14: First look at CFC (Vaughan, ON)
First look at CFC (Vaughan, ON) 14
Slide 15: First look at CFC (Vaughan, ON) continued
First look at CFC (Vaughan, ON) continued 15
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