Drugstore.com Inc. (DSCM) reported a net loss of $1.6 million or $0.02 per share for the fourth quarter, compared to net income of $0.3 million or $0.00 per share in the prior year quarter.
Total net sales increased almost 25% to $117.4 million from $93.9 million in the year-ago quarter. Excluding the 14th week in the quarter, net sales increased 16%.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share on revenue of $108.03 million for the quarter. Analysts' estimates typically exclude special items.
For the first quarter of 2010, the company anticipates a net loss in the range of $2.4 million to $3.5 million, and net sales of $117 million to $121 million.
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