Jean Coutu Group earnings up 10.5 percent
Drugstore chain The Jean Coutu Group reported net earnings of C$176.9 million for the fiscal year ended May 31, up 10.5 percent from the C$160.1 million reported for the same period the previous year. The retailer said the devaluation of the U.S. dollar had a negative impact of C$7.7 million in net earnings.
"In the coming months, we will continue to integrate the recently purchased Eckerd drugstores in the United States and harness the expertise of all our networks to boost the company's overall performance," said Francois J. Coutu, president and CEO, in a statement.
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LONGUEUIL, QUEBEC--(BUSINESS WIRE)--April 1, 1997--PJC INC. (ME;TSE:PJC.A) The Jean Coutu Group (PJC) Inc.'s Canadian and American operations recorded their best performance ever during the third ......
LONGUEUIL, Quebec--(BUSINESS WIRE)--July 22, 1998--(TSE:PJC.A.) (ME:PJC.A.) At the end of the 1997-1998 fiscal year, The Jean Coutu Group (PJC) Inc. registered total revenues of $1.9 ......
LONGUEUIL, QUEBEC--(BUSINESS WIRE)--Oct. 21, 1997--(ME, TSE: PJC.A)--After a record-breaking performance during the last fiscal year, the Jean Coutu Group (PJC) Inc. closed the first quarter ......
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