News

McKesson Q3 revenue up 1% to $31.2 billion

BY Michael Johnsen

SAN FRANCISCO — McKesson Corporation on Thursday reported $31.2 billion in revenue for its third quarter ended Dec. 31, up 1%. 

“Our full year view of the operating performance in our Distribution Solutions segment is now better than our original expectations, and our full year view of the operating performance in the primary businesses in Technology Solution remains unchanged,” stated John Hammergren, chairman and CEO. 

“This operating strength is offset by the charge in our Canadian business and revenue deferral in our international technology business, and as a result, we are updating our previous outlook for the fiscal year and now expect Adjusted Earnings per diluted share of $7.10 to $7.30 for the fiscal year ending March 31, 2013," Hammergren added.


Find us on Facebook for more insight, analysis and the latest in drug store news.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?
News

Network of Executive Women names co-chairs for NEW Executive Leaders Forum 2013

BY Michael Johnsen

CHICAGO — The Network of Executive Women on Friday named Donna Giordano, president of the Ralphs division of Kroger, and Monica Turner, general manager of market strategy and planning for Procter & Gamble, co-chairs of the NEW Executive Leaders Forum 2013.

"The Network is fortunate to have the input of Donna and Monica as they draw on their life and career experiences to ensure the Forum’s status as a premier industry event," stated Trudy Bourgeois, president of The Center for Workforce Excellence. "One of the first female presidents of a grocery banner, Donna Giordano has been a true pioneer," she said. "[And] women like Monica Turner have the skills and traits necessary for the future growth of their organizations and the industry as a whole. Monica is ready and willing to lead with boldness and courage."

The seventh annual NEW Forum will be held July 23-25 at the Terranea Resort in Los Angeles. More than 250 executives in the consumer products and retail industry are expected to attend the invitation-only event for senior-level women, NEW noted. 

As president of Ralphs Grocery, Giordano is responsible for nearly 250 stores in Southern California that employ more than 25,000 associates. Giordano’s retail career began in Denver when she joined Kroger’s King Soopers chain in 1972 while earning a bachelor’s degree in marketing. Turner, a NEW Board member at-large, joined Procter & Gamble as a sales representative in 1987 after serving as a summer intern. In her current role, she leads P&G’s U.S. market strategy and planning organization in North America, a unit with more than 400 employees and an annual budget of $80 million.  


Find us on Facebook for more insight, analysis and the latest in drug store news.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?
News

Bartell joins movement to name Wash. ferry after Seattle icon

BY Alaric DeArment

SEATTLE — Bartell Drugs is joining a grassroots effort in Seattle to name one of the two newest additions to Washington state’s ferry fleet after a famed local personality who died in 1985.

Bartell said it would help distribute petitions at its stores to support an effort to have one of Washington State Ferries’ new vessels named after Ivar Haglund. Haglund was born in 1905 to a family that had purchased land from Seattle pioneer Doc Maynard and is renowned in the city as a folk singer and promoter of regional folk music, radio personality, founder of the city’s first aquarium and of the Ivar’s seafood chain. Washington State Ferries, part of the state Department of Transportation, operates the largest ferry system in the United States and one of the largest in the world. 

"The ‘M.V. Ivar Haglund‘ plying the waters of Puget Sound would be a fitting tribute to this legacy," Bartell’s chairman and CEO George Bartell said. "Ivar brought the color and pioneering spirit of Puget Sound to our doorsteps through his music, restaurants and colorful personality." 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?