Shoppers Drug Mart Corp, Canada's largest pharmacy chain, on Tuesday reported slightly lower quarterly net income due in part to charges from its pending acquisition by Loblaw Co Ltd. The company said third-quarter net income fell to C$165.8 million ($158.33 million), or 83 Canadian cents per share, from C$167.7 million, or 81 Canadian cents per share, a year earlier, when there was more outstanding stock.Excluding special items, earnings per share were 88 Canadian cents, up from 85 Canadian cents a year earlier.Analysts on average expected earnings of 81 Canadian cents per share, according to Thomson Reuters I/B/E/S.Sales rose 2.4 percent to C$3.29 billion, meeting analysts' estimates. Sales at established stores, a key measure for retailers, were 2.2 percent higher.
Shoppers Drug Mart Corporation is a provider of pharmacy products and services. Shares of SC fell by 0.46% or $-0.28/share to $60.72. In the past year, the shares have traded as low as $40.90 and as high as $61.77. On average, 564400 shares of SC.TO exchange hands on a given day and today's volume is recorded at 267891.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $38.11. In the past year, the shares have traded as low as $26.71 and as high as $38.39. On average, 896491 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.55% or $-0.22/share to $39.86. In the past year, the shares have traded as low as $26.65 and as high as $40.17. On average, 908191 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 387438.
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