January 6, 2012 / 12:22 PM / 6 years ago

UPDATE 1-Jean Coutu Q3 profit rises

(Follows alerts)

Jan 6 (Reuters) - Drugstore chain Jean Coutu Group Inc's quarterly profit rose 5.9 percent helped in part by new store openings.

Third-quarter net profit rose to C$51.7 million, or 23 Canadian cents a share, from C$48.8 million, or 21 Canadian cents a year ago.

Revenue, for the Longueuil, Quebec-based company, rose 2.8 percent to C$700.1 million.

Sales at established stores, a key measure for retailers, rose 2.6 percent. (Reporting by Maneesha Tiwari in Bangalore; Editing by Supriya Kurane)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below