This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. 11/26/11
See my website on stocks or see my blog at the following sites.  www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/
Jean Coutu Group PJC.A www.jeancoutu.com Fiscal Yr: Mar 1 Chge Fis Yr*
Year 5/30/00 5/31/01 5/31/02 5/31/03 5/31/04 5/28/05 5/27/06 6/4/07 3/1/08 2/28/09 2/27/10 2/26/11 2/26/12 2/25/13 #Y
Currency Used CDN$ CDN$ CDN$ CDN$ CDN$ US$ US$ US$ CDN$ CDN$ CDN$ CDN$
Accounting Rules C GAAP C GAAP
split 2 2
Prior to 2003 $3,586 restated
Revenue US $1,721 $1,892 $2,279 $2,952 $2,997 $9,617 $11,143 $11,676 $1,687 $1,874 $2,404 $2,651 40.12% <-Total Growth 10 Revenue US$
Increase 10.7% 9.9% 20.5% 29.5% 1.5% 220.9% 15.9% 4.8% -85.6% 11.1% 28.3% 10.3% 3.43% <-IRR #YR-> 10 Revenue US$
Rev per Share $8.15 $8.42 $10.10 $13.03 $13.21 $36.76 $42.58 $44.58 $6.79 $7.94 $10.17 $11.54 -24.96% <-IRR #YR-> 5 Revenue US$
P/S (Price/Sales) 1.84 1.57 1.89 1.21 1.43 0.53 0.28 0.32 1.52 0.95 0.95 0.86 3.20% <-IRR #YR-> 10 Rev Per Share US$
*Revenue in M US$  P/S 10 yr  0.95 5 yr  0.95 -22.99% <-IRR #YR-> 5 Rev Per Share US$
-$1,892 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,651
-$11,143 $0 $0 $0 $0 $2,651
-$8.42 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $11.54
-$42.58 $0.00 $0.00 $0.00 $0.00 $11.54
Franchise Revenue $2,146 $1,676 YR 2012 YR 2013
Revenue* CDN $2,578 $2,925 $3,481 $4,048 $4,096 $12,079 $12,330 $12,494 $1,676 $2,369 $2,543 $2,598 $2,688 $2,760 -11.18% <-Total Growth 10 Revenue CDN$
Increase 12.6% 13.5% 19.0% 16.3% 1.2% 194.9% 2.1% 1.3% -86.6% 41.3% 7.3% 2.2% 3.5% 2.7% -1.18% <-IRR #YR-> 10 Revenue CDN$
Rev per Share $12.20 $13.01 $15.42 $17.86 $18.05 $46.17 $47.11 $47.71 $6.75 $10.04 $10.76 $11.30 $12.21 $12.53 -26.76% <-IRR #YR-> 5 Revenue CDN$
P/S (Price/Sales) 1.23 1.02 1.24 0.88 1.05 0.42 0.26 0.30 1.53 0.75 0.90 0.88 1.09 1.06 -1.40% <-IRR #YR-> 10 Rev Per Share CDN$
*Revenue in M CDN$  P/S 10 yr  0.88 5 yr  0.88 -24.83% <-IRR #YR-> 5 Rev Per Share CDN$
-$2,925 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,598
-$12,330 $0 $0 $0 $0 $2,598
-$13.01 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $11.30
-$47.11 $0.00 $0.00 $0.00 $0.00 $11.30
EPS*US $0.27 $0.31 $0.40 $0.51 $0.57 $0.41 $0.40 $0.65 -$0.99 -$3.89 $0.45 $0.79 150% <-Total Growth 10 Earnings US$
Share splt '00 Earnings CDN$
Share splt '03 $0.82 $0.97 $1.23 Earnings CDN$
EPS*CDN $0.41 $0.49 $0.62 $0.70 $0.78 $0.51 $0.44 $0.70 -$0.98 -$4.92 $0.48 $0.77 $0.88 $0.94 59% <-Total Growth 10 Earnings CDN$
Increase 17.1% 18.3% 26.8% 13.8% 11.4% -34.0% -14.1% 57.2% -240.9% 402.0% -109.8% 60.4% 14.3% 6.8% 4.73% <-IRR #YR-> 10 Earnings CDN$
Earnings Yield 2.7% 3.7% 3.2% 4.5% 4.1% 2.6% 3.7% 4.9% -9.5% -65.1% 5.0% 7.7% 6.6% 7.1% 11.71% <-IRR #YR-> 5 Earnings CDN$
* ESP per share (Cdn GAAP) E/P 10 Yrs 3.89% 5Yrs 4.89%
-$0.49 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.77
-$0.44 $0.00 $0.00 $0.00 $0.00 $0.77
Share splt '00 $0.23
Share splt '03 $0.12 $0.16 $0.19
Div* CDN $0.06 $0.08 $0.09 $0.12 $0.12 $0.12 $0.12 $0.14 $0.16 $0.16 $0.21 $0.24 $0.24 $0.24 193.75% <-Total Growth 10 Dividends CDN$
Increase 15.0% 39.1% 12.5% 33.3% 0.0% 0.0% 0.0% 16.7% 14.3% 0.0% 31.3% 11.9% 2.1% 0.0% 12.20% <-Median-> 10 Dividends CDN$
Yield H/L Pr. 0.36% 0.57% 0.57% 0.72% 0.71% 0.67% 0.74% 1.07% 1.21% 1.88% 2.30% 2.57% 0.90% <-Median-> 10 Dividends CDN$
Yield on High  Pr. 0.32% 0.41% 0.46% 0.60% 0.61% 0.56% 0.55% 0.88% 0.98% 1.48% 1.93% 2.32% 0.75% <-Median-> 10 Dividends CDN$
Yield on Low Pr. 0.43% 0.94% 0.76% 0.91% 0.85% 0.82% 1.11% 1.35% 1.57% 2.58% 2.84% 2.87% 1.23% <-Median-> 10 Dividends CDN$
Yield on Cl Pr. 0.38% 0.60% 0.47% 0.76% 0.63% 0.61% 1.00% 0.99% 1.55% 2.12% 2.17% 2.36% 1.81% 1.81% 0.99% <-Median-> 10 Dividends CDN$
Payout Ratio 14.02% 16.49% 14.63% 17.14% 15.38% 23.30% 27.11% 20.13% -16.33% -3.25% 43.75% 30.52% 27.27% 25.53% 18.64% <-Median-> 10 DPR EPS CDN$
Payout Ratio CF 13.7% 13.3% 17.1% 12.7% 11.1% 11.3% 17.2% 30.7% 27.1% 26.3% 24.5% 25.3% 20.9% 20.0% 20.85% <-Median-> 10 DPR CF CDN$
Payout Ratio CF NC 9.3% 12.3% 11.4% 11.0% 12.6% 9.3% 8.6% 29.3% 29.3% 21.6% 23.0% 24.4% 20.9% 20.0% 17.11% <-Median-> 10 DPR CF NC CDN$
Median Values Div Yd 2.91% 5 4.69% 10 Yield  1.88% 2.12% Payout 20.13% 26.26% 11.38% <-IRR #YR-> 10 Dividends CDN$
* Dividends per share  10.0% Years 10.0% Years Curr diff -4.03% Last Div Inc ---> $0.055 $0.060 9.1% 14.39% <-IRR #YR-> 5 Dividends CDN$
-$0.08 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.24
-$0.12 $0.00 $0.00 $0.00 $0.00 $0.24
# yrs are-> 7 Trading $18.03 2005 -26.40%
H/LYield held 5 yrs 2.99% 3.20% 1.60% 1.25% 0.83% 0.76% 0.85% 0.89% 0.96% 0.94% 1.17% 1.44% 1.83% 1.81% 0.95% <-Median-> 10 Dividends CDN$
H/LYield held 10 yrs 4.17% 6.24% 4.80% 2.49% 1.67% 1.10% 1.33% 1.67% 1.52% 1.44% 2.08% <-Median-> 8 Dividends CDN$
H/LYield held 15 yrs 3.69% 3.73% 5.82% 5.57% 10.92% 9.40% 4.27% 2.50% 5.69% <-Median-> 6 Dividends CDN$
H/LYield held 20 yrs 7.23% 6.40% 8.73% 7.23% <-Median-> 1 Dividends CDN$
Graham Price $4.72 $6.36 $7.62 $8.39 $9.50 $8.86 $8.12 $11.04 $9.67 $4.57 $4.83 $6.59 $7.44 $0.00 3.72% <-Total Growth 10 Graham Price CDN$
Prem /Disc.Med H/L 234.91% 122.05% 107.14% 98.12% 78.72% 103.39% 101.06% 18.74% 37.15% 85.93% 89.57% 38.88% 87.75% <-Median-> 10 Graham Price CDN$
Prem /Disc. High 284.19% 209.58% 159.01% 138.34% 108.42% 141.35% 168.49% 43.28% 68.84% 136.09% 125.81% 53.67% 130.95% <-Median-> 10 Graham Price CDN$
Prem /Disc. Low 185.63% 34.53% 55.27% 57.90% 49.02% 65.42% 33.63% -5.81% 5.46% 35.78% 53.33% 24.09% 42.40% <-Median-> 10 Graham Price CDN$
Prem /Disc. Cl 68.55% 51.94% 60.18% 46.59% 49.89% 54.76% 32.62% 22.30% 6.55% 39.60% 50.09% 33.75% 43.97% 100.00% 43.09% <-Median-> 10 Graham Price CDN$
Share splt '03 $30.00 $26.45 $38.25
Price Cl $15.00 $13.23 $19.13 $15.71 $18.95 $19.59 $12.05 $14.21 $10.35 $7.56 $9.67 $9.95 $13.27 $13.27 -24.76% <-Total Growth 10 Stock Price CDN$
Increase -7.0% -11.8% 44.6% -17.9% 20.6% 3.4% -38.5% 17.9% -27.2% -27.0% 27.9% 2.9% 33.4% 0.0% -2.81% <-IRR #YR-> 10 Stock Price CDN$
P/E 36.6 27.3 31.1 22.4 24.3 38.0 27.2 20.4 -10.6 -1.5 20.1 12.9 15.1 14.1 -3.76% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E 42.9 32.3 39.4 25.5 27.1 25.1 23.4 32.1 14.9 -7.7 -2.0 20.7 17.2 15.1 -1.52% <-IRR #YR-> 10 Price & Div CDN$
Median 10, 5 Yrs D.  per yr 1.28% 1.63% % Tot Ret -60.35% -76.72% Price Inc 2.90% P/E:  21.44 12.92 -2.13% <-IRR #YR-> 5 Price & Div CDN$
-$13.23 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.95
-$12.05 $0.00 $0.00 $0.00 $0.00 $9.95
-$13.23 $0.09 $0.12 $0.12 $0.12 $0.12 $0.14 $0.16 $0.16 $0.21 $10.19
-$12.05 $0.14 $0.16 $0.16 $0.21 $10.19
Price H/L Median $15.80 $14.11 $15.78 $16.63 $16.97 $18.03 $16.33 $13.11 $13.27 $8.49 $9.15 $9.16 -35.13% <-Total Growth 10 Stock Price CDN$
Increase 9.0% -10.7% 11.8% 5.4% 2.1% 6.2% -9.4% -19.7% 1.2% -36.0% 7.8% 0.1% -4.24% <-IRR #YR-> 10 Stock Price CDN$
P/E 38.5 29.1 25.7 23.8 21.8 35.0 36.9 18.8 -13.5 -1.7 19.1 11.9 -10.92% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E 45.1 34.4 32.5 27.0 24.2 23.1 31.7 29.6 19.1 -8.7 -1.9 19.1 -2.93% <-IRR #YR-> 10 Price & Div CDN$
Median 10, 5 Yrs D.  per yr 1.30% 1.45% % Tot Ret -13.75% -15.29% Price Inc 0.07% P/E:  20.41 11.89 -9.48% <-IRR #YR-> 5 Price & Div CDN$
-$14.11 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.16
-$16.33 $0.00 $0.00 $0.00 $0.00 $9.16
-$14.11 $0.09 $0.12 $0.12 $0.12 $0.12 $0.14 $0.16 $0.16 $0.21 $9.39
-$16.33 $0.14 $0.16 $0.16 $0.21 $9.39
Hi Month Feb 07 Jul 07 Mar 08 Jul 09 Feb 11
Share splt '00
Share splt '03 $36.25 $39.35 $39.45
Price Hi $18.13 $19.68 $19.73 $20.00 $19.79 $21.39 $21.80 $15.82 $16.33 $10.78 $10.90 $10.13 -48.51% <-Total Growth 10 Stock Price CDN$
Increase -7.1% 8.6% 0.3% 1.4% -1.1% 8.1% 1.9% -27.4% 3.2% -34.0% 1.1% -7.0% -6.42% <-IRR #YR-> 10 Stock Price CDN$
P/E 44.2 40.6 32.1 28.6 25.4 41.5 49.3 22.7 -16.7 -2.2 22.7 13.2 -14.21% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E 51.8 48.0 40.7 32.5 28.3 27.4 42.3 35.7 23.5 -11.0 -2.2 21.1
Median 10, 5 Yrs Price Inc -7.05% P/E:  24.06 13.16
-$19.68 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.13
-$21.80 $0.00 $0.00 $0.00 $0.00 $10.13
Low Month Aug 06 Jan 08 Nov 08 Mar 09 Jul 10
Share splt '00
Share splt '03 $26.95 $17.10 $23.65
Price Low $13.48 $8.55 $11.83 $13.25 $14.15 $14.66 $10.85 $10.40 $10.20 $6.20 $7.40 $8.18 -4.33% <-Total Growth 10 Stock Price CDN$
Increase 41.8% -36.5% 38.3% 12.1% 6.8% 3.6% -26.0% -4.1% -1.9% -39.2% 19.4% 10.5% -0.44% <-IRR #YR-> 10 Stock Price CDN$
P/E 32.9 17.6 19.2 18.9 18.1 28.5 24.5 15.0 -10.4 -1.3 15.4 10.6 -5.49% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E 38.5 20.9 24.4 21.5 20.2 18.8 21.1 23.5 14.7 -6.3 -1.5 17.0
Median 10, 5 Yrs Price Inc -1.92% P/E:  16.78 10.62
-$8.55 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.18
-$10.85 $0.00 $0.00 $0.00 $0.00 $8.18
Market Cap $3,168 $2,972 $4,317 $3,559 $4,300 $5,125 $3,153 $3,722 $2,570 $1,784 $2,285 $2,287 $2,922 $2,922 Market Cap CDN$
YR 2012 YR 2013
Share splt '00 52.807
Share splt '03 105.61 112.38 112.86 Pur
# of Shares 211.23 224.76 225.72 226.57 226.92 261.64 261.7 261.9 248.3 236.0 236.3 229.8 220.2 220.2 Capital Stock
Increase 0.0% 6.4% 0.4% 0.4% 0.2% 15.3% 0.0% 0.1% -5.2% -5.0% 0.1% -2.8% -4.2% 0.0% 0.10% <-Median-> 10 Shares
OCF CDN$ $88.90 $135.29 $118.51 $213.60 $245.46 $278.92 $182.24 $119.42 $146.40 $143.80 $202.80 $213.50 $253.23 $264.24 57.81% <-Total Growth 10 Cash Flow CDN$
OPS CDN$ $0.42 $0.60 $0.53 $0.94 $1.08 $1.07 $0.70 $0.46 $0.59 $0.61 $0.86 $0.93 $1.15 $1.20 54.35% <-Total Growth 10 Cash Flow CDN$
Increase -16.10% 43.02% -12.77% 79.55% 14.74% -1.44% -34.68% -34.52% 29.30% 3.34% 40.85% 8.25% 23.78% 4.35% 5.80% <-Median-> 10 Cash Flow CDN$
Less Non-Cash CF US$ $47.6 $164.0 $5.5 4.44% <-IRR #YR-> 10 Cash Flow CDN$
Less Non-Cash CF CDN$ $42.2 $11.1 $59.3 $34.1 -$29.8 $59.8 $181.5 $5.9 -$10.9 $31.1 $12.5 $7.6 $0.0 $0.0 5.94% <-IRR #YR-> 5 Cash Flow CDN$
OPS non-cash $0.62 $0.65 $0.79 $1.09 $0.95 $1.29 $1.39 $0.48 $0.55 $0.74 $0.91 $0.96 $1.15 $1.20 3.98% <-IRR #YR-> 10 CF - non cash CDN$
P/OCF on close 24.2 20.3 24.3 14.4 19.9 15.1 8.7 29.7 19.0 10.2 10.6 10.3 11.5 11.1 -7.09% <-IRR #YR-> 5 CF - non cash CDN$
*Operational Cash Flow per share (shares A & B) P/CF 10 Yrs 16.22 5 Yrs 15.96
-$0.65 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.96
-$1.39 $0.00 $0.00 $0.00 $0.00 $0.96
OPM 3.45% 4.63% 3.40% 5.28% 5.99% 2.31% 1.48% 0.96% 8.73% 6.07% 7.97% 8.22% should be zero, it is a check on calculations
Diff from Ave -38.8% -17.9% -39.6% -6.3% 6.3% -59.0% -73.8% -83.0% 55.0% 7.7% 41.5% 45.9% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 5.63% 5 Yrs 7.97%
Curr Assets CDN$ $799.26 $858.61 $3,037.7 $2,766.3 $353.3 $327.8 $349.2 $366.7 $380.7 $385.4 Liq ratio of 1.5 and up, best Assets CDN$
Curr Liab. CDN$ $425.23 $424.29 $1,640.6 $1,445.3 $285.8 $266.6 $259.3 $244.6 $255.3 $440.0 1.50 <-Median-> 9 Liabilities CDN$
Liquidity 1.88 2.02 1.85 1.91 1.24 1.23 1.35 1.50 1.49 0.88 1.35 <-Median-> 5 Ratio CDN$
Long Term Debt Portion $164.9
Liquidity 1.40
Assets CDN$ $132.7 $1,230.8 $1,661.6 $1,716.6 $1,834.8 $7,152.8 $6,186.4 $2,363.0 $1,949.3 $1,014.4 $984.9 $1,045.4 $1,069.6 A/L ratio of 1.5 and up, best Assets CDN$
Liab. $444.1 $398.9 $715.5 $703.7 $669.0 $5,379.2 $4,454.0 $323.0 $465.2 $558.8 $475.3 $469.0 $454.7 2.28 <-Median-> 10 Liabilities CDN$
Asset/Liability Ratio 0.30 3.09 2.32 2.44 2.74 1.33 1.39 7.32 4.19 1.82 2.07 2.23 2.35 2.23 <-Median-> 5 Ratio CDN$
Book Value -$311 $832 $946 $1,013 $1,166 $1,774 $1,732 $2,040 $1,484 $456 $509.6 $576.4 $614.9 -30.72% <-Total Growth 10 Book Value CDN$
BV per share -$1.47 $3.70 $4.19 $4.47 $5.14 $6.78 $6.62 $7.79 $5.98 $1.93 $2.16 $2.51 $2.79 -32.23% <-Total Growth 10 Book Value CDN$
Change -161% -351% 13.24% 6.67% 14.92% 31.95% -2.34% 17.66% -23.27% -67.70% 11.71% 16.31% 11.33% 3.8745 Current/Historical Book Value CDN$
P/BV (CL) -10.17 3.57 4.56 3.51 3.69 2.89 1.82 1.82 1.73 3.92 4.48 3.97 4.75 -3.82% <-IRR #YR-> 10 Book Value CDN$
Change -252% -135% 27.71% -22.99% 4.97% -21.65% -37.01% 0.22% -5.08% 126.15% 14.50% -11.53% 19.79% -17.64% <-IRR #YR-> 5 Book Value CDN$
Leverage (A/BK) -0.43 1.48 1.76 1.69 1.57 4.03 3.57 1.16 1.31 2.23 1.93 1.81 1.74 1.78 <-Median-> 10 A/BV CDN$
Debt/Equity Ratio -1.43 0.48 0.76 0.69 0.57 3.03 2.57 0.16 0.31 1.23 0.93 0.81 0.74 0.78 <-Median-> 10 Debt/Eq Ratio CDN$
Sharerholders Equity (Assets less liabilities) P/BV 10 Yrs 3.24 5 Yrs 3.18
ROE 15.3% -22.5% -199.8% 17.6% 31.3% -2.46% <-Median-> 4 Compreh. Inc
Comprehensive Inc $311.4 -$333.6 -$910.1 $89.5 $180.2 $212.1 <-12 mths Compreh. Inc
ROE -27.7% 12.7% 14.8% 15.8% 15.2% 7.4% 6.6% 7.4% -16.9% -261.7% 22.1% 19.5% 23.5% <-12 mths Net Income/Shareholders' equity CDN$
5Yr Running Ave 24.3% 20.8% 19.4% 19.0% 18.4% 12.5% 10.9% 9.5% 3.9% -14.0% -17.1% -21.1% -29.5% <-12 mths CDN$
Net Income CDN$ $86.19 $105.94 $139.88 $160.09 $176.92 $131.10 $114.85 $150.7 -$251.4 -$1,192.1 $112.6 $112.6 $144.6 <-12 mths 6.29% <-Total Growth 10 Net Income CDN$
Oper C. F. CDN$ $88.90 $135.29 $118.51 $213.60 $245.46 $278.92 $182.24 $119.4 $146.4 $143.8 $202.8 $213.5 C F Statement  Oper C. F. CDN$
Invest. C. F. CDN$ -$58.18 -$347.49 -$232.49 -$154.18 -$117.29 -$3,560.3 $36.85 $2,332.3 -$143.1 -$117.1 -$79.9 -$89.6 C F Statement  Invest. C. F CDN$
Total Accruals CDN$ $55.47 $318.14 $253.85 $100.68 $48.75 $3,412.5 -$104.23 -$2,301.0 -$254.7 -$1,218.8 -$10.3 -$11.3 Accruals CDN$
Total Assets CDN$ $132.67 $1,230.8 $1,661.6 $1,716.6 $1,834.8 $7,152.8 $6,186.4 $2,363.0 $1,949.3 $1,014.4 $984.9 $1,045.4 Balance Sheet Assets CDN$
Accruals Ratio CDN$ 41.81% 25.85% 15.28% 5.86% 2.66% 47.71% -1.68% -97.38% -13.07% -120.15% -1.05% -1.08% Ratio CDN$
Fin C. F.  -$21.2 $77.1 $227.1 -$97.1 -$27.8 $3,313.6 -$228.7 -$2,574.1 -$43.9 -$26.7 -$115.0 -$127.1 C F Statement  Fin. C. F CDN$
Total Accruals CDN$ $76.64 $241.07 $26.78 $197.79 $76.52 $98.89 $124.48 $273.09 -$210.80 -$1,192.1 $104.70 $115.80 Accruals CDN$
Accruals Ratio CDN$ 57.76% 19.59% 1.61% 11.52% 4.17% 1.38% 2.01% 11.56% -10.81% -117.52% 10.63% 11.08% Ratio CDN$
When I last looked at this stock in December 2008, I got earnings for 2009 of $.44.
2008. For the fiscal year beginning on June 5, 2007, the Company changed its fiscal year end date to become the Saturday closest to February 29 or March 1 in order to coincide with Rite Aid's fiscal year end.
* for March 1 2008, period covered is 172 days for 38 weeks and 5 days.
Pre-2008, fiscal year end was May 31
Sold in 2007 to raise some cash and mostly to buy Saputo.  They are also still having problems in US.
2007, year that Jean Coutu Group USA, merged with Rite Aid Corporation.
For fiscal years 2005, 2006 and 2007, the Company reported its consolidated financial statements in US dollars. Following the disposal of its US Operations on June 4, 2007, the Company changed its reporting
currency to Canadian dollars considering the Company's predominant operations in Canada.
2006  This stock is not currently doing well, but I expected that from current news.  I am hoping problems will be resolved and it will start to do better.
2005 TD bank rates this stock as a buy in January 2005.  Expected it to be $21.25 by January 2006.  they believe that they can integrate the Eckerd Operations and then become profitable again. AR 2005
On August 11, 2005 F.P. Reports say consuses of 12 analyst rate this stock as a buy, but earnings seem to be lower than expected?
2004  Stock has not be doing well later, but it just might be a rough recovery from the recession. 2004
2003  Stock is doing what I bought it to do.  Decent Dividends and Decent rate of return.  2003
M$ CDN
Cash flows
Operations $135.290 $118.514 $213.60 $245.46 $278.9
Investing -$232.488 -$347.487 -$154.178 -$117.286 -$3,560.3
Financing $77.066 $227.073 -$27.771 -$97.118 $3,414.2
Cash/ Overdraft $7.126 -$0.520 -$11.345 $19.834 $166.0
How they make their money
The Jean Coutu Group operates a network of 343 franchised drugstores in Canada located in the provinces of Québec, New Brunswick and Ontario (under the banners of PJC Jean Coutu, PJC Clinique and PJC Santé Beauté).
The Company also holds a significant interest in Rite Aid Corporation (‘‘Rite Aid’’), one of the United States’ leading drugstore chains with approximately 5,000 drugstores in 31 states and the District of Columbia.
Controlling shareholder is Jean Coutu.  He has 55%, but has 92.5% voting control.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
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Coutu, Jean 114.4 $1,517,888,950