Author: Albena Toncheva
123jump.com
Last Update: 10:29 AM EDT September 18 2007
Stronger prescription sales drove the nation''s biggest pharmacy chain third-quarter profit 20% higher than a year ago. Revenue increased 13% to $13.7 billion from $12.2 billion last year. Prescription sales, which accounted for 65.9% of total sales, climbed 13.8%. The results included at least $17 million in one-time credits but the management didn''t break out the earnings-per-share impact of the gains. Same-store sales jumped 7.8% and non-pharmacy same-store sales grew 5.6%.
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