Content about Generally Accepted Accounting Principles

March 19, 2013
Cardinal Health braces for August contract expiration with Walgreens

In the wake of a new partnership announcement between Walgreens and AmerisourceBergen, Cardinal Health announced on that its pharmaceutical distribution contract with Walgreens that is scheduled to expire at the end of August 2013 will not be renewed.

February 5, 2013
Cardinal quarterly revenue down 7%, earnings-per-share up 15%

Cardinal Health posted $25.2 billion in revenue for its 2013 second quarter, down 7%. The company's non-GAAP diluted earnings per share was up 15% to $0.93.

October 29, 2012
Weis 3Q sales down vs. last year as the grocer cycles through sales lifts from hurricanes Irene, Lee

Weis Markets on Friday reported third quarter net income of $17.2 million, up 1.2% for the period ended Sept. 29, while its earnings per share increased 1.6% to $0.64 per share compared to the same period in 2011.

October 25, 2012
P&G sees increase in 1Q core EPS

Procter & Gamble announced on Thursday a decrease in both first-quarter net sales and diluted earnings per share from continuing operations, as core earnings per share rose 5%.

August 1, 2012
Weis sees Q2 net income boost

Weis Markets on Tuesday reported a 12.1% increase in its second-quarter net income to $23.2 million.

May 9, 2012
BioScrip reports Q1

BioScrip experienced a boost in revenue and gross profit during first quarter 2012 ended March 31.

May 4, 2012
Weis reports boost in Q1 net income

Weis Markets experienced a jump in its net income and operating income during the first quarter ended March 31, the retailer said.

November 7, 2011
Sagent Q3 net revenue jumps 94%

Third-quarter net revenue for Sagent Pharmaceuticals jumped 94% to $41.3 million, thanks to several new product launches during the period.

October 27, 2011
P&G's fiscal year 'off to a good start' as Q1 net sales climb

Procter & Gamble delivered “strong” first-quarter sales growth, kicking off a “good start to the fiscal year” as net sales climbed 9% and organic sales grew 4%, the company announced on Thursday.

September 1, 2011
BTS, pharmacy lift sales across Southeast discount chain

Back-to-school and improved pharmacy performance lifted Fred's sales for the month of August, the company reported Thursday.

August 24, 2011
CVS Caremark announces new share repurchase authorization for up to $4B

CVS Caremark’s board of directors has approved a new share repurchase program for up to $4 billion of the company's outstanding common stock.

August 9, 2010
GNC reports increase in Q2 net income, EBITDA

General Nutrition Centers reported a 42.5% increase in net income for its second quarter ended June 30....

June 13, 2010
Stock repurchase program at CVS Caremark approved

CVS Caremark has announced that its board of directors has approved a new share repurchase...

May 25, 2010
Fred's Q1 earnings 'above guidance' despite net income loss

Despite posting a 4.2% loss in its net income for the quarter, Fred's was optimistic...

October 22, 2007
Drugstore.com sees record performance across a number of key indicators

Drugstore.com on Monday afternoon reported quarterly net sales of $107.3 million and a net loss...

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