Fontana posts first profit gain since Hurricane Melissa

5 days ago 5
Fontana Ltd, which operates a chain of pharmacies, has returned to higher profit following the fallout from Hurricane Melissa. 
Net profit for the third quarter rose 11 per cent to $114.1 million from $102.8 million in the comparable period a year earlier, as revenue climbed 17.7 per cent to $2.6 billion from $2.2 billion, driven by same-store sales growth, increased customer traffic and the contribution of four newly integrated Monarch Pharmacy locations — bringing the company's total store count to 11.
Read Entire Article