Sobeys Profits Up, Comps Flat in Q2

STELLARTON, Nova Scotia — Empire Cos. here on Thursday said operating income at its Sobeys division was up 3% in the fiscal second quarter, to about $108 million U.S., while comparable-store sales were flat.

STELLARTON, Nova Scotia — Empire Cos. here on Thursday said operating income at its Sobeys division was up 3% in the fiscal second quarter, to about $108 million U.S., while comparable-store sales were flat.

Overall sales at Sobeys rose 1.2%, to about $3.8 billion, which the company attributed to new stores and enlargements, along with sales and merchandising initiatives, improved store-level execution, and produ

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