24 June 2022
We look at Sobeys’ fourth quarter performance and consider what’s next for the business as it moves into the final year of Project Horizon, its three-year, growth-focused plan.
Q4 and FY key numbers
Total sales increased 13.3% to $7,841m, underpinned by the acquisition of Longo’s and an extra trading week (53-week calendar)
Q4 same-store sales (ex-fuel) decreased by 2.5%, reflecting e...