Some stocks shine brightest not during boom times, but during stretches of market uncertainty. That’s when long-term investors can find reliable, under-the-radar gems hiding in plain sight. One such stock is Empire Company (TSX:EMP.A). It’s not flashy, and it’s not the kind of Canadian stock that dominates headlines. But when it comes to consistency, long-term value, and income potential, Empire checks all the boxes. Even at all-time highs.
The stock
Empire is one of Canada’s largest food retailers. It owns well-known grocery chains including Sobeys, Safeway, FreshCo, IGA, Longo’s, and Farm Boy. That means no matter what’s happening in the broader economy, Empire stays in business, because people need groceries in good times and bad. With more than 1,500 stores coast to coast, Empire has a massive reach and a reliable customer base that returns week after week.
The Canadian stock’s latest earnings show just how solid…
