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News and Information Article
WALNUT CREEK, Calif., June 1 /-FirstCall/ -- Longs Drug
Stores Corporation (NYSE: LDG) today reported preliminary total revenues of
$401.1 million for the four-week period ended May 25, 2006, a 10.1%
increase from total revenues of $364.4 million in the comparable period a
year ago.
Preliminary May retail drug store sales were $374.5 million, an
increase of 3.6% from $361.5 million in the comparable period last year.
Pharmacy sales were 50.2% of total drug store sales compared with 48.3% a
year ago. Retail drug store same-store sales increased 2.9% compared with
last year. Pharmacy same-store sales increased 7.0% and front-end
same-store sales decreased 0.9%.
Preliminary year-to-date total revenues of $1.66 billion for the
seventeen weeks ended May 25, 2006 were 9.6% higher than the $1.51 billion
reported in the comparable period last year. Preliminary year-to-date total
retail drug store sales were $1.54 billion, a 2.5% increase from $1.50
billion in the comparable period last year. Pharmacy sales were 51.0% of
total drug store sales during the period, compared with 49.2% a year ago.
Retail drug store same-store sales increased 1.8% with pharmacy same-store
sales increasing 5.5% and front-end same-store sales decreasing 1.6%.
About the Company
Headquartered in Walnut Creek, California, Longs Drug Stores
Corporation is one of the most recognized retail drug store chains on the
West Coast and in Hawaii. With 477 stores, Longs Drugs provide expert
pharmacy services and 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.
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