April 28, 2009 / 3:24 PM / 8 years ago

UPDATE 1-Shoppers Drug Mart profit jumps on robust sales

* EPS C$0.49 vs C$0.46

* Revenue rises 8.5 percent to C$2.2 bln

* Same store sales rise 4 percent

* Shares rise 1.6 to C$44.84 (Adds details)

TORONTO, April 28 (Reuters) - Shoppers Drug Mart SC.TO, Canada’s biggest pharmacy chain, reported higher quarterly profits and sales on Tuesday.

Shoppers said it earned C$106.8 million ($87.5 million), or 49 Canadian cents a share for the quarter ended March 28, up from C$100.7 million, or 46 Canadian cents a share, for the same period last year.

Revenue rose 8.5 percent to C$2.2 billion, with same store sales rising 4 percent.

Analysts were expecting an average earnings per share of 48 Canadian cents a share before items and revenue of C$2.16 billion.

$1=$1.22 Canadian Reporting by Scott Anderson; editing by Peter Galloway

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