skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. EMP.A: Am I to assume that if Empire’s sales rose 2% for the year and with inflation, say at 4% , that their actual volume of sales really declined ? [Empire Company Limited Non-Voting Class A Shares]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Am I to assume that if Empire’s sales rose 2% for the year and with inflation, say at 4% , that their actual volume of sales really declined ?
Thanks. Derek.
Asked by Derek on December 15, 2023
5i Research Answer:

Essentially yes; though the company could have also dropped some products or change the prices on some products. So net real 'sales' declined but not necessarily 'volume' of goods. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind