- Duane Reade Inc. today reported that its fourth quarter net sales increased 12.8% to $432.5 million, with same-store sales up 0.1 percent over the same period a year ago. The company posted a net loss for the period of $16.5 million, compared to a $4.6 million net loss a year ago.
Net sales for the full year increased 9.1% to $1.6 billion from $1.5 billion in the previous year, with same-store sales up 0.6 percent for the year. The net loss for the twelve month period was $50.7 million, compared to net income a year ago of $5.1 million.
