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Duane Reade swings 1Q profit.(Brief Article)

Drug Store News

| April 30, 2003 | COPYRIGHT 1989 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission. (Hide copyright information)Copyright

NEW YORK -- Duane Reade reported last Thursday that it swung a profit during the first quarter, but harsh weather, a sluggish economy and a shift in Easter dampened earnings.

Net income for the quarter ended March 29 totaled $3.1 million, or 13 cents per share, versus a loss of $4 …

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