Wednesday, July 18, 2007

Shoppers profit jumps 19 pct, same-store sales up

(Reuters) - OTTAWA, July 18 - Shoppers Drug Mart , Canada's biggest drug store chain, said on Wednesday that second-quarter profit jumped 19 percent on revenue growth and healthy sales of more profitable products.



In the quarter ended June 16, Shoppers said it earned C$112 million , or 52 Canadian cents a share. That is up from a profit of C$94 million, or 44 Canadian cents a share, in the same period last year.


Read more at Reuters.com Market News

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