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Longs Drug Surges, Limited Struggles |
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Author: 123jump.com Staff
123jump.com
Last Update: 4:24 PM EDT May 22 2008
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The drug retailer Longs Drug Stores revenues in the first quarter rose 8.5% to $1.41 billion and earnings increased 77% to $23.5 million. Earnings per share rose 65 cents from 34 cents a year ago. Same store sales at retail drug stores rose 1% and total sales increased 2.9%. Apparel retailer Limited Brands first quarter sales declined 17% to $1.9 billion and earnings increased 49% to $97.8 million or 28 cents per share. The quarter included one-time gain of 18 cents per share. |
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