Navigation Links
Longs Reports Preliminary May Retail Drug Store Sales
Date:6/5/2008

WALNUT CREEK, Calif., June 5 /PRNewswire-FirstCall/ -- Longs Drug Stores Corporation (NYSE: LDG) today reported preliminary total retail drug store sales for the four-week and seventeen-week periods ended May 29, 2008.

Periods ended May 29, 2008

Month Year to Date

(Dollars in millions) (4 weeks) (17 weeks)

Total retail drug store sales $374 $1,593

Increase from comparable prior year period 0.2% 2.3%

Same-store sales increase (decrease):

Pharmacy (2.6)% (0.2)%

Front-end (0.2)% 1.1%

Total (1.4)% 0.4%

Longs estimated that preliminary May 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 200 to 225 basis points on pharmacy same-store sales.

Longs estimated that preliminary May pharmacy same-store sales were also unfavorably impacted by approximately 125 to 150 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.

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 516 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 Drugs Announces Immunization Program for the 2007/2008 Flu Season
2. New chemotherapy regimen prolongs survival in difficult-to-treat childhood brainstem gliomas
3. Longs Drugs Plans to Become the First Retailer in Hawaii With Walk-in Medical Clinics
4. Thalidomide Added to Standard Therapy Prolongs Overall Survival in Newly Diagnosed Multiple Myeloma Patients Over Age 75
5. Treating oft ignored non-cancer health issues after cancer diagnosis prolongs survival
6. Longs Drug Stores Corporation Declares Cash Dividend on Common Shares
7. Longs Drug Stores Corporation Reports Results for Fourth Quarter and Fiscal Year 2008
8. Longs Reports Preliminary February Retail Drug Store Sales
9. Longs Drug Stores Announces Todd Vasos Executive Vice President and Chief Operating Officer
10. Longs Reports Preliminary March Retail Drug Store Sales
11. Longs Drugs Partners With Google on the Launch of Google Health
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/23/2016)... Angeles, CA (PRWEB) , ... May 23, 2016 ... ... to connecting doctors and patients to provide information about cosmetic procedures, began updating ... now started to rewrite each of their published articles in order to feature ...
(Date:5/23/2016)... , ... May 23, 2016 ... ... security executive networking and relationship-marketing firm, announced today that nominations will be ... Security Executive® (ISE®) Northeast Awards. , Awards include the Information Security Executive® ...
(Date:5/23/2016)... ... May 23, 2016 , ... ... residents of Westchester County for over 24 years, recently hosted its sixth annual ... joined HOW for two remembrance ceremonies, each concluding with the release of Monarch ...
(Date:5/23/2016)... ... May 23, 2016 , ... Overweight and obesity in children can ... the budget, but most of all, it can be hard on the child carrying ... diet food—isn’t making a dint in childhood obesity statistics or making it easier for ...
(Date:5/23/2016)... ... May 23, 2016 , ... A team of cardiovascular surgeons ... the first in the region to use a groundbreaking new technology to provide ... Program partnered with AHN to introduce the technology to the Pittsburgh market. , ...
Breaking Medicine News(10 mins):
(Date:5/19/2016)... 19, 2016  Global Blood Therapeutics, Inc. (GBT) (NASDAQ: ... for the treatment of grievous blood-based disorders with significant ... be presented in a poster session at the European ... Copenhagen . The presentations will include additional ... sickle cell disease (SCD), including 90-day data from a ...
(Date:5/19/2016)... , May 19, 2016  IBM,s (NYSE:   IBM )  ... study to identify drug candidates to cure Zika, a ... declared a global public health emergency. IBM ... with a computer or Android device to join the ... or money to help; they simply  run an app ...
(Date:5/18/2016)... 19, 2016 Global ... Report initially provides a basic overview of ... manufacturing technology, post which the report explores ... the market. Complete report on ... providing 8 company profiles and 98 tables ...
Breaking Medicine Technology: