Association québecoise des pharmaciens propriétaires

Jean Coutu has strong close to 2017 fiscal year

Jean Coutu has strong close to 2017 fiscal year

VARENNES, Quebec — Jean Coutu Group saw retail and corporate sales climb for the fourth quarter and full year of fiscal 2017. Adjusted earnings per share also were in line with analysts’ expectations, with year-end EPS topping the consensus estimate. Jean Coutu Group said Thursday that for the 14-week fourth quarter ended March 4, revenue

Coutu faces legal challenge from franchisees

MONTREAL — The Jean Coutu Group is the target of a class-action suit filed by a group of its franchisees seeking to recover $252 million in royalties. In a brief statement, the company said that it intends to contest the action. The lawsuit was filed in the superior court of Quebec in Montreal on behalf