TORONTO - Shoppers Drug Mart Corp. (TSX:SC) reported a fourth-quarter profit boost of 14.4 per cent as sales revenue increased on the expansion of its store network and robust pharmacy sales.

Sales for the quarter ended Dec. 31 amounted to $173 million or 80 cents per share, versus $151 million or 70 cents per share in the year-earlier period. Overall sales rose 15.1 per cent to $2.5 billion while sales at stores open at least a year were up 3.6 per cent.

Shoppers chief executive Jurgen Schreiber said the company was pleased to "deliver sector-leading growth in these challenging times."

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