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Empire Company Limited

10:07 AM EST - Empire Company Limited : Today announced business updates. Same-store sales for the first weeks of the fourth quarter were strong, reflecting an improving trend that began in the latter half of the third quarter. However, starting on February 28, the Company reported significantly higher sales in all formats except fuel. Sales further accelerated from March 8 onward as customers began to stock up in preparation for possible stay-at-home requirements. By March 22, the sales intensity began to subside, although still significantly above prior year levels. Same-store sales growth for the four-week period starting March 8, excluding fuel and Easter, were approximately 37%. Empire Company Limited shares T.EMP.A are trading up $1.01 at $30.38.