(Source: Datamonitor)

drugstore.com, an online retailer of health, vision and pharmacy products, has reported a net loss of $1.63 million, or $0.02 loss per share, for the third quarter ended September 27, 2009, compared to $3.62 million, or $0.04 loss per share, for the third quarter ended September 28, 2008.
Net sales for the third quarter of 2009 increased more than 10% to $96.81 million, compared to $87.82 million for the same period of 2008.
For the first nine months ended September 27, 2009, net income was $246,000, or nil per share, compared to a net loss of $8.58 million, or $0.09 per share, for the corresponding period of 2008.
Net sales for the first nine months of 2009 were $295.47 million, compared to $272.64 million for the first nine months of 2008.
Dawn Lepore, CEO and chairman of the board of drugstore.com, said: ""In the third quarter, drugstore.com reported double digit top-line growth as OTC revenues increased by approximately 17% and beauty.com expanded by 19%. Our growth was a result of continued strong sales of replenishment and beauty items to our loyal customer base and impressive new customer growth of 27%.
"This new customer growth was achieved while reducing our marketing cost per new customer to its lowest level since 2007. The initial success of key partnerships contributed to this effort, accounting for roughly 9% of overall new customer additions."
A service of YellowBrix, Inc.