Shoppers Drug Mart Releases Third Quarter Results

Third Quarter Year-Over-Year Highlights

• Sales increase of 2.4% to $3.287 billion
  • Same-store increase of 2.2%
• Pharmacy sales increase of 2.7% to $1.582 billion
  • Same-store increase of 1.8%
• Retail prescription count increase of 5.3%
  • Same-store increase of 4.1%
• Front store sales increase of 2.2% to $1.705 billion
  • Same-store increase of 2.4%
• Net earnings per share of $0.83, an increase of 2.5%
  • Adjusted net earnings per share of $0.88, an increase of 3.5% compared to adjusted net earnings per share of $0.85

Year-to-Date Highlights

• Sales increase of 3.1% to $8.311 billion
  • Same-store increase of 2.2%
• Pharmacy sales increase of 3.0% to $3.996 billion
  • Same-store increase of 1.6%
• Retail prescription count increase of 6.4%
  • Same-store increase of 4.8%
• Front store sales increase of 3.2% to $4.315 billion
  • Same-store increase of 2.7%
• Net earnings per share of $2.14, an increase of 3.9%
  • Adjusted net earnings per share of $2.19, an increase of 2.8% compared to adjusted net earnings per share of $2.13

The report can be found in its entirety here.