Delhaize is expected to post a 2002 sales decrease of approximately four percent, due mostly to the tough economic conditions in the US, where the company does about 80 percent of its business.
CVS Corp. reported that same-store sales were up four percent for December, with total sales up 3.8 percent to $2.55 billion from $2.46 billion a year earlier.
Fourth quarter same-store sales rose 6.7 percent, while total sales for the quarter rose 6.6 percent to $6.34 billion from $5.95 billion a year earlier.
For the fiscal year ended Dec. 28, same-store sales increased 8.4 percent, and total sales rose 8.7 percent to $24.18 billion from $22.24 billion.
Rite Aid Corp. reported that total same-store sales for the four weeks ended Dec. 28 rose 5.7 percent, while total drugstore sales for December rose 2.9 percent to $1.37 billion from $1.33 billion a year ago.
Same-store sales for the 43-week period ended Dec. 28 increased 7.2 percent, while total drugstore sales for the year-to-date period were up 4.6 percent to $13.02 billion from $12.44 billion a year ago.
99 Cents Only Stores reported retail sales for the fourth quarter were $198.5 million, up $40.0 million or 25.2% from sales of $158.5 million in 2001.
Total sales for 99 Cents Only Stores, including its Bargain Wholesale operation, were $210.7 million for the fourth quarter, an increase of $37.8 million or 21.9 percent over sales of $172.9 million during the fourth quarter of 2001.
Total annual sales for 99 Cents Only Stores, including Bargain Wholesale, were $714.0 million, a 23.5 percent increase over sales of $578.3 million in 2001.
Same-store-sales for the fourth quarter of 2002 increased 3.1 percent.
Dollar Tree Stores, Inc. reported fourth-quarter 2002 sales of $827.5 million, a 15.8 percent increase compared to $714.8 million in 2001's fourth quarter.
For 2002, sales totaled $2.33 billion, a 17.1 percent increase from last year's $1.99 billion. Same-store sales for the year rose 1 percent, and for the quarter declined 0.3 percent.
Drugstore.com reported preliminary fourth quarter sales reached $55 million, up 26 percent from the fourth quarter of last year.
