Navigation Links
Longs Reports Preliminary June Retail Drug Store Sales
Date:7/10/2008

WALNUT CREEK, Calif., July 10 /PRNewswire-FirstCall/ -- Longs Drug Stores Corporation (NYSE: LDG) today reported preliminary total retail drug store sales for the 5-week, 9-week and 22-week periods ended July 3, 2008.

Periods ended July 3, 2008

Quarter Year

Month to Date to Date

(Dollars in millions) (5 weeks) (9 weeks) (22 weeks)

Total retail drug store sales $475 $848 $2,068

Increase from comparable prior

year period 2.3% 1.4% 2.3%

Same-store sales increase (decrease):

Pharmacy 2.6% 0.3% 0.4%

Front-end (0.4)% (0.3)% 0.7%

Total 1.1% 0.0% 0.6%

Longs estimated that preliminary June pharmacy same-store sales were unfavorably impacted by approximately 275 to 300 basis points as a result of recent generic introductions being substituted for higher-priced brand name drugs. In addition, a reduction in cold, flu, and allergy prescriptions, primarily due to the impact of the switch of the prescription allergy medicine Zyrtec to over-the-counter status, had an unfavorable impact of approximately 125 to 150 basis points on pharmacy same-store sales.

Longs estimated that preliminary June pharmacy same-store sales were also favorably impacted by approximately 100 to 125 basis points as a result of the calendar shift in Memorial Day, which fell in the Company's fiscal month of May this year versus the fiscal month of June last year. The Company also noted that, as a result of a shift in its fiscal calendar, the fiscal month of June this year also included the first three days of July. Since there is typically an increase in the number of prescriptions filled in the first several days of a month, this calendar shift favorably impacted preliminary June pharmacy same-store sales by approximately 150 to 200 basis points.

About the Company

Headquartered in Walnut Creek, California, Longs Drug Stores Corporation (NYSE: LDG) is one of the most recognized retail drug store chains on the West Coast and in Hawaii. The Company operates 518 retail pharmacies and offers a wide assortment of merchandise focusing on health, wellness, beauty and convenience. Longs also provides pharmacy benefit management services and Medicare beneficiary prescription drug plans through its wholly-owned subsidiary, RxAmerica, LLC. Additional information about Longs and its services is available at http://www.longs.com and more information about RxAmerica is available at http://www.rxamerica.com.

Contact: 925-979-3979


'/>"/>
SOURCE Longs Drug Stores Corporation
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Longs Drug Stores to Continue to Service Medi-Cal Patients
2. Radiation therapy prolongs life in men with recurrent prostate cancer
3. Longs Reports Preliminary May Retail Drug Store Sales
4. Golf prolongs life
5. Longs Drug Stores Corporation Announced at Its Annual Meeting of Stockholders
6. Longs Drug Stores Donates Supplies to Victims of Santa Cruz Mountain Fires
7. Longs Drugs Partners With Google on the Launch of Google Health
8. Longs Reports Preliminary March Retail Drug Store Sales
9. Longs Drug Stores Announces Todd Vasos Executive Vice President and Chief Operating Officer
10. Longs Reports Preliminary February Retail Drug Store Sales
11. Longs Drug Stores Corporation Reports Results for Fourth Quarter and Fiscal Year 2008
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/8/2016)... ... December 08, 2016 , ... Catalent Pharma Solutions, the ... and consumer health products, today announced that it had joined the Pharmaceutical Supply ... non-profit organization to unite pharmaceutical and healthcare companies that share a vision of ...
(Date:12/8/2016)... ... December 08, 2016 , ... STAT courier is pleased to announce that due ... Texas, they are expanding their presence in Dallas. One of the most exciting parts ... new jobs to the Dallas and Forth Worth market. STAT takes pride in treating ...
(Date:12/8/2016)... ... December 08, 2016 , ... Today’s patients are encouraged to ... mind, SIGVARIS has created a new line of anti-embolism stockings to help prevent ... the benefits of graduated compression when transitioning from recovery to early rehabilitation. , ...
(Date:12/8/2016)... Francisco, California (PRWEB) , ... December 08, 2016 , ... ... coaches, has raised an $18M Series B led by Canvas Ventures . Other ... the capital to scale its mobile platform to serve more consumers who are managing ...
(Date:12/8/2016)... ... December 08, 2016 , ... The Dianne Michael Insurance ... in Hamilton County, is embarking on a charity drive with the aim of ... homes for orphaned or neglected senior dogs in the Cincinnati region, and LuvFurMutts ...
Breaking Medicine News(10 mins):
(Date:12/8/2016)... 2016 Research and Markets has announced the ... offering. ... The global chromatography market to grow at a CAGR ... 2016-2020, has been prepared based on an in-depth market analysis with inputs ... prospects over the coming years. The report also includes a discussion of ...
(Date:12/8/2016)... 8, 2016  Boehringer Ingelheim announced today that it ... (CEI). This is the ninth time that the company ... a Best Place to Work for LGBT Equality. Administered ... a national benchmarking report on corporate policies and practices ... transgender (LGBT) employees. "We are committed ...
(Date:12/8/2016)... Dec. 8, 2016  Avelas Biosciences, Inc., a ... patient care from diagnosis through treatment, today presented ... Phase 1b study in breast cancer patients utilizing ... Breast Cancer Symposium. Jonathan Unkart , M.D., ... San Diego Health, delivered the presentation titled "Intraoperative ...
Breaking Medicine Technology: