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Drugstore.com

This article was originally published in The Tan Sheet

Executive Summary

Online retailer expects record revenues of approximately $70 mil. for the fourth quarter ended Dec. 28, a 28% increase over the prior-year period, firm announces in Jan. 14 preliminary earnings release. OTC sales should account for 52% of the sales growth in the quarter. "In a very tough economy, we have been a high-growth retailer that has consistently outperformed the competition," stated President & CEO Kal Raman. "We are now well-positioned to capitalize on the incredible growth opportunities in the $273 bil. health, beauty, wellness and pharmacy market." The firm will announce its fiscal year 2003 results Jan. 20...
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