HBW Insight is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

In Brief: McKesson

This article was originally published in The Rose Sheet

Executive Summary

McKesson: Drug wholesaler "working very hard...to exit" its service merchandising segment, Millbrook Distribution Services, McKesson President and Chief Operating Officer Mark Pulido told analysts at Bear Stearns' Ninth Annual Health Care Conference held Sept. 12 in New York City. Pulido would not discuss a time frame or asking price, but emphasized that the company "wants to get out of" the business. FY 1997 (ends March 31, 1997) revenues for the Millbrook unit, which distributes about 36,000 health and beauty care, general merchandise and specialty food items to 15,000 food store doors in 42 states, have slid 17% to-date. The division experienced a 12.9% sales decline in FY 1996 to $564.7 mil. Millbrook is the largest of three "non-core" businesses at McKesson, accounting for about 4% of the company's FY 1996 sales of $13.7 bil...
Advertisement
Advertisement
UsernamePublicRestriction

Register

RS003223

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel