Canadian grocery chain Sobeys has reported third-quarter net profit of C$45.8m (US$31.1m), a 27% rise from $36.1m in the year-ago period.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Sobeys, which operates the Sobeys, Garden Market, IGA and Price Chopper banners, also reported sales up almost 6.5% to $2.59bn from $2.44bn in the same period of the previous year.
The retailer said same-store sales rose 2.5% for the quarter, including expanded stores.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData