Beauty.com revenue up 28% in Q4
This article was originally published in The Rose Sheet
Executive Summary
Drugstore.com's fourth-quarter sales increased 25% from the comparable quarter last year to $117.4 mil. on the strength of strong Beauty.com and OTC sales, Bellevue, Wash.-based firm says Feb. 9. Revenue from Beauty.com increased 28% in the 14-week quarter, compared with a 13-week quarter last year. The firm reported overall sales of $412.8 mil. and a $1.4 mil. loss for the year, attributed to its agreement to purchase Salu Inc.'s SkinStore.com. Drugstore.com's results "firmly established our company as a clear leader in health and beauty online," CEO Dawn Lepore says