What do you get when you decide to buy the dog of the drugstore chains on December 31, 2008? Why, a gain of 370%!!! This much maligned drugstore chain is slowly creeping out of the cellar and few are paying attention. Can the Chain continue its climb? It depends on whether it continues to tweak its front end plan. Its made some moves such as replacing its key merchandising manager and the efforts of the new team appear to start to be paying off. At this price the Company certainly doesn't have any laurels to rest on so it is expected that continuous aggressive efforts to ramp up front-end sales will be seen in the future.
$1.43 (08/02/09)
