Algonquin Mercantile Corp. - financial results.TORONTO--(BUSINESS WIRE)--MAY 25, 1995--Algonquin Mercantile Relating to trade or commerce; commercial; having to do with the business of buying and selling; relating to merchants. A mercantile agency is an individual or company in the business of collecting data about the financial status, ability, and credit of individuals Corp. ("Algonquin Algonquin (ălgŏng`kwĭn, -kĭn), small group of Native North Americans. The name of the Algonquian branch of the Algonquian-Wakashan linguistic stock (to which they belonged) is derived from their name (see Native American languages). ") (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :AM) reports net income of $1.1 million or $0.18 per share for the three months ended April 30, 1995, up from $0.4 million or $0.07 per share for the same period last year. Sales were $34.6 million, an increase of 23 percent from $28.2 million in the prior year. Both produce and retail drug divisions contributed to the strong showing. World wide sourcing capabilities and tight cost control strengthened profits at Dominion dominion, power to rule, or that which is subject to rule. Before 1949 the term was used officially to describe the self-governing countries of the Commonwealth of Nations—e.g., Canada, Australia, or India. Citrus. Sales increased 11 percent in Rexall Rexall was the name of a chain of North American drugstores, as well as the name of their store-branded products. Today it is the name of over-the-counter drugs and drugstores in Canada and healthsupplements in the United States. Founding In 1902 Louis K. due to recent store acquisitions which more than offset the loss of tobacco sales. -0-
3 months ended April 30, 1995 ($ in Millions)
1995 1994
Sales 34.6 28.2
Operating Income 1.1 0.4
Other Income (expense) - -
Net Income 1.1 0.4
E.P.S.(in $) 0.18 0.07
CONTACT: Winston R. Ash, 905/660-7688 |
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