June 27, 2019 / 6:22 PM / 6 months ago

BUZZ-Empire Co rises after better-than-expected quarterly profit

** Shares of food retail and distribution company up 3.2% at C$32.3 after co posts better-than-expected quarterly profit

** Co reports Q4 adj EPS of C$0.46 vs est of C$0.42 - Refinitiv IBES data

** Qtrly same-store sales, excluding fuel, up 3.8%

** Annual dividend rise 9% to C$0.48/shr

** Co sees capital investment of C$600 million in fiscal 2020

** 6 of 10 brokerages rate the stock “buy”, 4 “hold”; median PT is C$33

** Stock up 12.3% YTD (Reporting By Arundhati Sarkar in Bengaluru)

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