The Jean Coutu Group (PJC) Inc. (Jean Coutu Group) is a pharmacy chain in Canada with 353 stores in Quebec, Ontario and New Brunswick. The Company’s franchising activities include operating two distribution centers and providing services to its PJC stores. These services comprise centralized purchasing, distribution, marketing, training, human resources, management, operational consulting and information systems, as well as participation in its private label programs. Its PJC franchisees own and manage their stores and are responsible for merchandising and financing their inventory. Jean Coutu Group exercises its activities in the North American drugstore retailing industry in Eastern Canada through franchised drugstores under the banners of PJC Jean Coutu, PJC Sante Beaute and PJC Clinique.
Quick Financial Synopsis
BRIEF: For the twenty-six weeks ended 29 August 2009, The Jean Coutu Group Inc.'s revenues increased 8% to C$1.11B. Net income totaled C$25.2M vs. a loss of C$59.3M. Revenue reflects an increase in income from sales, higher income from rent and an increase in royalty income. Net income reflects a decrease in interest on long-term debt and the presence of unrealized foreign exchange gain on monetary items.
Company Address
The Jean Coutu Group (PJC) Inc.
551 Beriault Street Longueuil QC J4G 1S8
P: +1450.6469760 F: +1450.6469761