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Empire Company’s Revenues Grow 13.3% YoY; Analysts See 17% Upside

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Empire saw a strong quarter, as revenue grew over 13.3% year-over-year. However, earnings per share fell short of estimates while its same-store sales and gross profit margin decreased. Nonetheless, analysts remain positive on the stock, as it continues to return capital to shareholders and is a good hedge against food inflation.

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