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Jean Coutu U.S. Sales Down in May

6/14/2007

Longueuil, Quebec, Drug store chain The Jean Coutu Group announced on Thursday that U.S. same-store sales were down 2.3% for the four-week period ended June 2.

Total retail sales in the United States were down 3.6% when compared with the May period of the 2006 fiscal year.

The company said the decreases were due to the Memorial Day holiday shift. Retail sales for the period were $731.8 million.

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