November 13, 2012 / 1:48 PM / in 5 years

Shoppers Drug Mart profit down; sales, EPS rise

Nov 13 (Reuters) - Canada’s top pharmacy chain, Shoppers Drug Mart Corp, reported a slightly lower quarterly profit on Tuesday even as sales rose and share buybacks boosted earnings per share.

The company said net earnings were C$168 million, or 81 Canadian cents a share, compared with C$172 million, or 80 Canadian cents a share, a year earlier.

Sales rose 3.2 percent to C$3.21 billion, and same-store sales, a key measure for retailers, rose 2.3 percent.

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