Navigation Links
Duane Reade Holdings, Inc. Reports Fourth Quarter and Full Year 2008 Results
Date:3/10/2009

08, compared to $25.0 million in the prior year period. Excluding the above mentioned litigation settlement charge of $3.5 million, fourth quarter Adjusted FIFO EBITDA increased 4.3% to $26.1 million.

During the fourth quarter of 2008, the Company's net cash provided by operating activities was $23.6 million compared to $23.1 million in the prior year period.

Full Year Results

For the full year, total net sales were $1.774 billion, reflecting an increase of 5.2% compared to $1.687 billion in 2007. Net retail store sales increased 4.1% to $1.690 billion, from $1.623 billion in the prior year. Total same-store sales increased 4.2%, with a front-end same-store sales increase of 5.0% and a pharmacy same-store sales increase of 3.1%.

Total front-end sales increased 5.1% over the prior year due to improved merchandise offerings and the strong performance in the food and beverage categories, over-the-counter products and health and beauty items. The front-end same-store sales increase was positively impacted by approximately 0.3% in 2008 due to the aforementioned switch of Zyrtec to over-the-counter status. The June 2008 increase in cigarette excise taxes in New York State positively impacted front-end sales by 0.5%. Total pharmacy sales increased 5.3% over the prior year. Resale activity accounted for 2.7% of the pharmacy sales increase, while pharmacy net retail sales accounted for the remaining 2.6% of the increase. The aforementioned switch of Zyrtec to over-the-counter status negatively impacted pharmacy same-store sales by approximately 0.4% during 2008. The percentage of generic drugs dispensed increased by 3.9% over the prior year. The higher proportion of generics adversely impacted the pharmacy same-store sales increase by approximately 3.7%.

Gross margin increased to 30.8% compared to 30.3% in the prior year and reflects improved front-end selling margins resulting from
'/>"/>

SOURCE Duane Reade Holdings, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

Related medicine news :

1. Duane Reade Holdings, Inc. to Report Third Quarter 2007 Financial Results
2. Duane Reade Holdings, Inc. to Report Fourth Quarter and Full Year 2007 Financial Results
3. Duane Reade Holdings, Inc. Announces Resignation of Chief Marketing Officer
4. Duane Reade Announces Proud Sponsorship of AIDS Walk New York
5. Duane Reade Goes Pink to Support 2008 Komen New York City Race for the Cure(R)
6. Duane Reade Holdings, Inc. Reports Third Quarter Results
7. Duane Reade Holdings, Inc. Further Strengthens Management Team With Addition of Frank Scorpiniti, SVP, Pharmacy Operations
8. Struggling male readers respond better to female teachers
9. Financial Times Selects CAMFED International for 2007 Reader Seasonal Appeal
10. ClassMate Reader - Portable reading system supports K-12 students with reading difficulties
11. Computer-Aided Detection in Screening Mammography Enhances Performance of a Single Reader
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... 27, 2014 Taking its popular obstacle race ... Creek YMCA will host its largest crowd at its ... September 13 at YMCA Camp Thunderbird . ... adult, youth and teams. Within each division, runners will ... physical limit - for a worthy cause. All proceeds ...
(Date:8/27/2014)... San Diego, CA (PRWEB) August 27, 2014 ... homeowner insurance policies will now be easier for the ... home insurance prices that are promoted in all 50 ... http://quotespros.com/homeowners-insurance.html . , The different insurers that are ... have made it possible for adults to use the ...
(Date:8/27/2014)... Altena, AR (PRWEB) August 27, 2014 ... in August 2014, is about Seed Digging, which a ... mental health therapy models, yet works to bring permanent ... people with addictions and mental health disorders cured on ... clutter from their own minds and find incredible inner ...
(Date:8/27/2014)... The New York Mobility Club (sponsored by ... “ Sexuality & Intimacy ” for people with disabilities, ... discussions are for mature audiences only. September 9 from ... NY) and October 7 from 6-8 pm at Bussani ... New York Mobility Club is a local community group ...
(Date:8/27/2014)... Top 10 Best SEO Hosting, a well-known SEO Hosts Review ... iPage, Bluehost and GoDaddy are the most recommended suppliers for ... buy useful hosting (including VPS and cloud hosting). , ... has been serving hosting small business websites since 1998. With ... leader in the hosting industry for its affordable and easy ...
Breaking Medicine News(10 mins):Health News:C2 Survival Racers Go to Extremes to Provide Kids with YMCA Programs 2Health News:Home Insurance Prices for All 50 States Now Supplied at Consumer Insurance Portal Online 2Health News:Shawna Burns, Counselor, Releases Debut Book, "Seed Digging," to Improve Lives of Children and Adults with Addictions and Mental Health Disorders 2Health News:Bussani Mobility Sponsors New York Mobility Club Meetings September 9 & October 7 for People with Disabilities, Sexuality & Intimacy Discussed by Advocate Liz Treston 2Health News:Well-known SEO Hosts Review Site Top10BestSEOHosting.com Recommends iPage, Bluehost and GoDaddy To Webmasters 2
... Conseco, an Indiana based,insurance company, without notice to ... into a Trust that could financial ruin,senior citizens, ... and,Long-Term Care insurance lawyer., (Photo: http://www.newscom.com/cgi-bin/prnh/20070717/NYFNSC02 ... holders of these Long-Term Care,insurance policies to protest ...
... The Council on Compulsive,Gambling of Pennsylvania is sponsoring ... the Western Psychiatric Institute and,Clinic, our first centrally located ... at 4751 Linden Road will host the,conference on Sept. ... be opened by,Tom Wolf, Secretary of Revenue and feature ...
... Awareness Month**, Looking for a heart-healthy ... the,cardiologist ordered. According to a new groundbreaking ... American Journal of Clinical Nutrition,researchers from Penn ... small,amount of pistachios improved several markers for ...
... 26, 2008, marks the,100th anniversary of chlorine disinfection ... was the first city in the country to ... incidences of,waterborne diseases have plummeted, dramatically raising the ... the following comments on behalf of the American ...
... With Advice on Pregnancy and Newborns, LONDON, September ... Internet to find parenting advice, answers and support designed ... those who searched for,information complained that it was mainly ... Today, (25th September 2008) Bounty is,launching a new site ...
... Programs Work, DALLAS, Sept. 25 More than ... American Heart Association,s,Start! Fit-Friendly Companies Program for promoting physical ... percent increase over last year., Start! is the ... adult Americans spend a majority of their waking,hours at ...
Cached Medicine News:Health News:Top Insurance Expert Calls on 144,000 Holders of Long-Term Care Polices to Protest an Eleventh Hour Conseco Trust 2Health News:Statewide Gambling Conference -- Series of 'Firsts' -- Begins 9-30-08 2Health News:MultiVu Video Feed: NEW RESEARCH PUBLISHED IN THE AMERICAN JOURNAL OF CLINICAL NUTRITION FINDS PISTACHIOS IMPROVE RISK FACTORS FOR HEART DISEASE 2Health News:AWWA Marks 100th Anniversary of Chlorine Disinfection 2Health News:Bounty Launches New Survival Guide Website for Dads 2Health News:American Heart Association Announces Start! Fit-Friendly Companies 2Health News:American Heart Association Announces Start! Fit-Friendly Companies 3
(Date:8/27/2014)... Fla. , Aug. 27, 2014 ... today that it has released a preview of its ... the pharmaceutical industry avoid drug shortages and maintain a ... The Plan, a first for the ... and biopharmaceutical industry members and describes how industry can ...
(Date:8/27/2014)... 27, 2014  Hill-Rom Holdings, Inc. (NYSE: ... presentation at the Morgan Stanley Global Healthcare Conference on ... You are invited to listen to the live discussion ... access it directly at http://cc.talkpoint.com/morg007/090814a_ac/?entity=26_7CLOGQP .  A recorded ... after conclusion of the live event and accessible at ...
(Date:8/27/2014)... , Aug. 27, 2014 Sihuan ... or the "Company"), a leading pharmaceutical company with ... China,s prescription drug market, ... Company and its subsidiaries (collectively the "Group") for ... "Period"). Financial HighlightsFor the Six months ...
Breaking Medicine Technology:ISPE Releases First Look at its Plan to Prevent Drug Shortages 2ISPE Releases First Look at its Plan to Prevent Drug Shortages 3ISPE Releases First Look at its Plan to Prevent Drug Shortages 4Sihuan Pharmaceutical Announces 2014 Interim Results 2Sihuan Pharmaceutical Announces 2014 Interim Results 3Sihuan Pharmaceutical Announces 2014 Interim Results 4Sihuan Pharmaceutical Announces 2014 Interim Results 5Sihuan Pharmaceutical Announces 2014 Interim Results 6Sihuan Pharmaceutical Announces 2014 Interim Results 7
... The Harley Medical Group is reporting a 35% surge ... early present for themselves, the month before Christmas. ... a full recovery is made before they return to work ... Christmas 2010 include: Breast enlargement , Nose Reshaping, and ...
... Medical devices, biotechnology and IT products and solutions are ... United States investors and the business community in New ... opportunities. (Logo: http://photos.prnewswire.com/prnh/20101109/PROCHILELOGO ) ... and Medium Enterprises (SMEs) was selected to showcase their ...
Cached Medicine Technology:The Harley Medical Group Sees an Uptake in Surgery Bookings for Christmas 2Chilean Companies Show Innovative Solutions 2Chilean Companies Show Innovative Solutions 3
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: