Navigation Links
Longs Reports Preliminary June Retail Drug Store Sales

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 and more information about RxAmerica is available at

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:
(Date:6/26/2016)... Michigan (PRWEB) , ... June 26, 2016 , ... ... to fertility once they have been diagnosed with endometriosis. These women need a ... they also require a comprehensive approach that can help for preservation of fertility ...
(Date:6/25/2016)... ... ... closing of Bruton Memorial Library on June 21 due to a possible lice infestation, as ... of head lice: the parasite’s ability to live away from a human host, and to ... one in the event that lice have simply gotten out of control. , As lice ...
(Date:6/25/2016)... CA (PRWEB) , ... June 25, 2016 , ... As ... with Magna Cum Laude and his M.D from the David Geffen School of Medicine ... and returned to Los Angeles to complete his fellowship in hematology/oncology at the UCLA-Olive ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, ... the latter, setting the bar too high can result in disappointment, perhaps even self-loathing. ... toward their goal. , Research from reveals that behind the ...
(Date:6/24/2016)... ... June 24, 2016 , ... June 19, 2016 is World Sickle ... chronic pain and the benefits of holistic treatments, Serenity Recovery Center of ... Sickle Cell Disease. , Sickle Cell Disease (SCD) is a disorder of the red ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016  Arkis BioSciences, a ... invasive and more durable cerebrospinal fluid treatments, today ... The Series-A funding is led by Innova Memphis, ... and other private investors.  Arkis, new financing will ... and the market release of its in-licensed Endexo® ...
(Date:6/23/2016)... a startling report released today, National Safety Council research ... proven plan to eliminate prescription opioid overdoses. Prescription Nation ... tackling the worst drug crisis in recorded U.S. history, assigned a ... , New Mexico , Tennessee ... failing states, three – Michigan , ...
(Date:6/23/2016)... 23, 2016 Bracket , a leading clinical ... generation clinical outcomes platform, Bracket eCOA (SM) 6.0, at ... 26 – 30, 2016 in Philadelphia , ... Outcome Assessment product of its kind to fully integrate with ... Bracket eCOA 6.0 is a flexible platform for electronic clinical ...
Breaking Medicine Technology: