| News Releases |
|
| Date | Title | | | 01/25/10 | Duane Reade Gets New York Abuzz With Launch of Premium Packaged Coffee Blends| Largest NYC Drug Store Chain Debuts Batch-Roasted 100% Arabica Coffees
In Four Delicious Blends;
Latest Addition to the Newly Launched DR Delish™ Line Will Assist
The New York Police & Fire Widows’ and Children’s Benefit Fund
NEW YORK (January 25, 2010) – For New Yorkers who typically rush in and out of their local Duane Reade store, the drugstore chain is giving them a reason to “stop and smell the coffee,” as it launches four new premium packaged coffee blends... |
|  | | 01/15/10 | Duane Reade Launches New, Easy-to-Use FlexRewards Customer Rewards Program| Flexible and Rewarding Program is Best Value in New York
NEW YORK (January 15, 2010) – Duane Reade today announced the launch of Duane Reade FlexRewards™, its new, easier-to-use customer rewards program that replaces Dollar Rewards™, the Company’s previous customer rewards program. Beginning Saturday, January 16th, FlexRewards will offer members lower prices, more opportunities to earn points, more control over how and when they can spend their rewards, and a much easier and rewarding experien... |
| | | 01/14/10 | Duane Reade Teams-Up with MoneyGram International in Response to Earthquake in Haiti| New Yorkers Can Send Funds to Loved Ones Free of Charge
NEW YORK--(BUSINESS WIRE)-- In response to the enormous human tragedy as a result of the earthquake in Haiti, Duane Reade and MoneyGram International today announced a partnership that will enable Duane Reade customers to wire funds to Haiti free of charge.
“We offer our condolences to all New Yorkers whose friends or family members have been affected by this devastating event,” said John Lederer, Chairman and Chief Executive Officer of ... |
| | | 01/13/10 | Duane Reade Teams Up With Hunter College on H1N1 Vaccines| Hunter College President Will Receive Vaccination to Encourage Key Population
New York, NY – January 12, 2010 – Duane Reade, the largest drug store chain in New York City, and Hunter College, the largest senior college in the CUNY system, are teaming up to make it easier for Hunter College students, faculty, and staff to receive H1N1 vaccinations. This announcement comes during National Influenza Immunization Week, which is a federally-designated time period intended to encourage America... |
| | | 01/07/10 | Duane Reade Announces Expanded Availability of H1N1 Flu Shots at 19 Locations Across the Five Boroughs| NEW YORK, Jan. 7 /PRNewswire/ --
WHAT: In response to the continued threat of infection and heightened demand from New Yorkers, Duane Reade, the largest drug store chain in New York City, is holding H1N1 flu shot clinics. WHERE/WHEN: Saturday and Sunday, January 9-10 and 16-17, from 10 AM – 6 PM.Bronx: 1780 Gun Hill Rd. Brooklyn: 164 Kent Avenue (at N. 5th Street)Queens: 163-30 Cross Bay Boulevard (at 163rd Avenue)
Monday, January 11 - Friday, January 15, from 10 AM... |
| | | 12/21/09 | Duane Reade Announces That H1N1 Vaccines are Available Starting Today | | | 12/17/09 | Duane Reade Announces Plans for H1N1 Immunization Program| Largest Drug Store Chain in New York Provides Important Public Service
Duane Reade is a Key Destination for New Yorkers’ H1N1 and Seasonal Flu Related Needs
New York, NY – December 17, 2009 – Duane Reade, the largest drug store chain in New York City, today announced plans for its H1N1 immunization program as part of the Company’s commitment to meet the health and wellness needs of New Yorkers and to be a destination for their flu related needs.
H1N1 immunization vaccines... |
| | | 11/24/09 | Duane Reade Holdings, Inc. to Present at the Bank of America Merrill Lynch 2009 Credit Conference| NEW YORK, Nov. 24 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that John K. Henry, Chief Financial Officer, is scheduled to present at the Bank of America Merrill Lynch 2009 Credit Conference. The Company's presentation is scheduled for December 2, 2009 at 7:50 a.m. Eastern Time at the Crowne Plaza Times Square in New York, NY. A webcast will be available on the Investors Information section of the Company's website at http://www.duanereade.com from the start of the live presenta... |
| | | 11/09/09 | EXTRA! EXTRA! 'Reade' All About It! Duane Reade Introduces The Duane Reader; 20-Page 'Magalogue' Debuts with New Products, Hot Deals, NY Tidbits and Tips| NEW YORK, Nov. 9 /PRNewswire/ -- Duane Reade has long been the one place where New Yorkers could find everything from prescriptions to potato chips. So it's only fitting that the city's largest drugstore chain, now undergoing a substantial transformation, is introducing hundreds of new and exclusive products in time for the holidays via its new publication, The Duane Reader.
Hundreds of new products will appear in the inaugural 20-page Holiday Edition, which will be distributed this week... |
| | | 11/03/09 | Duane Reade Holdings, Inc. Reports Third Quarter Results|
Third Quarter Adjusted FIFO EBITDA Increases 5.6% to $22.4 Million
Total Net Sales Increases 4.2% to $448.9 Million
Total Same-Store Sales Increases 0.7%
Net Loss of $10.7 Million Compared to Net Loss of $22.3 Million in the Prior Year
Third Quarter Debt Refinancing Significantly Improves Liquidity and Financial Flexibility
NEW YORK, Nov. 3 /PRNewswire/ -- Duane Reade Holdings, Inc. today reported financial results for the third quarter ended September 26, 2009.
... |
| | | 10/29/09 | Duane Reade Holdings, Inc. to Report Third Quarter 2009 Financial Results|
NEW YORK, Oct. 29 /PRNewswire-FirstCall/ -- Duane Reade Holdings, Inc. today announced that on Tuesday, November 3, 2009 the Company will report third quarter 2009 financial results before the open of the market.
In conjunction with the release, the Company will hold a conference call on Tuesday, November 3, 2009 at 10:00 a.m. Eastern Time. John Lederer, Chairman and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call.
The co... |
| | | 10/20/09 | Duane Reade Extends More Store Hours to 24/7 to Make Life Easier for New Yorkers|
Company Continues to Transform Its Business to
Build a Better Shopping Experience
New York, NY – October 20, 2009 – Duane Reade, New York’s leading drugstore chain, today announced it has extended the hours of operation in 55 of its 256 store locations as part of its continuing effort to make life easier for New Yorkers. The changes announced today will increase the number of stores open 7 days a week in the New York metro area to 248 locations, and stores open 24-hours to 70 locati... |
| | | 10/05/09 | Duane Reade Breaks Second Wave of Print Ads throughout New York|
“Your City. Your Drugstore” Campaign Continues As Duane Reade Transforms its Business to Better Serve New Yorkers
NEW YORK (October 5, 2009) – Seeking to make its new advertising campaign as common a sight to New Yorkers as its more than 250 neighborhood stores, Duane Reade unveils its latest print ads on buses, subways, phone kiosks, billboards and other outdoor spaces throughout the city this week. The campaign is intended to convey the brand attributes of Duane Reade and is a ... |
| | | 09/29/09 | Duane Reade Tastes a Little Bit Sweeter with the Launch of Exclusive DR Delish™ Food and Beverages|
New Private Brand Hits Shelves This Week
NEW YORK (September 29, 2009) – More than any other retailer, Duane Reade truly understands the needs of New Yorkers and aims to be the destination of choice for what they need for their daily living. In keeping with this aim, the company launched its own exclusive brand of delectable food and beverage items under the DR Delish™ brand name this week.
DR Delish™ debuts with an outstanding array of delectable items, including all natural and... |
| | | 09/11/09 | New Yorkers Help Duane Reade Increase Support of the 19th Annual Komen New York City Race for the Cure®| NEW YORK, NY - September 11, 2009 - Duane Reade Holdings Inc., the largest drug store in metropolitan New York, today announced that, as the Local Presenting Sponsor of the 2009 Komen New York City Race For The Cure, the Company, its customers and its foundation, The Duane Reade Charitable Foundation, have raised $330,000 to increase awareness of breast cancer and to assist in the effort to find a cure. This marks the third year that Duane Reade has proudly sponsored this momentous event, with e... |
| | | 08/07/09 | Duane Reade Holdings, Inc. Announces Closing of Offering of $300 Million|
Duane Reade Holdings, Inc. Announces Closing of Offering of $300 Million of 11.75% Senior Secured Notes Due 2015
NEW YORK, Aug. 7 /PRNewswire/ -- Duane Reade Holdings, Inc. announced today that its wholly-owned subsidiaries, Duane Reade Inc. and Duane Reade (collectively, the "Issuers"), had closed their offering of $300.0 million aggregate principal amount of Senior Secured Notes due August 1, 2015 (the "Notes"). The Notes bear interest at an annual ra... |
| | | 08/07/09 | Duane Reade Holdings, Inc. Announces Expiration and Results of Tender Offer|
Duane Reade Holdings, Inc. Announces Expiration and Results of Tender Offers for Senior Secured Floating Rate Notes and Senior Subordinated Notes and Solicitation of Consents to Related Indentures
NEW YORK, Aug. 7 /PRNewswire/ -- Duane Reade Holdings, Inc. announced today the expiration and the final results of the previously announced offers by its wholly-owned subsidiaries, Duane Reade Inc. and Duane Reade (collectively, the "Issuers"), to purchase for cash... |
| | | 07/31/09 | Duane Reade Holdings, Inc. Announces Pricing of offering of 11.75% senior secured notes due 2015|
New York, NY – July 31, 2009 – Duane Reade Holdings, Inc. announced today that its wholly-owned subsidiaries, Duane Reade Inc. and Duane Reade (collectively, the “Issuers”), had priced their offering of $300,000,000 aggregate principal amount of Senior Secured Notes due August 1, 2015 (the “Notes”). The Notes will bear interest at an annual rate of 11.75%. The Notes were priced at 97.417%, representing a yield to maturity of 12.375%. The offering of the Notes is expected to close on... |
| | | 07/31/09 | Duane Reade Holdings, Inc. Announces Receipt of Requisite Consents in Connection with Cash Tender Offers for Senior Secured Floating Rate Notes and Senior Subordinated Notes|
NEW YORK, July 31 /PRNewswire/ -- Duane Reade Holdings, Inc. announced today that its wholly-owned subsidiaries, Duane Reade Inc. and Duane Reade (collectively, the "Issuers"), have received the requisite consents from holders of their Senior Secured Floating Rate Notes due 2010 (the "Floating Rate Notes") and 9.75% Senior Subordinated Notes due 2011 (the "Subordinated Notes" and, together with the Floating Rate Notes, the "Notes") to amend the indentures governing such Notes. On July 8, 200... |
| | | 07/29/09 | Duane Reade Holdings, Inc. Reports Second Quarter Results|
Second Quarter Adjusted FIFO EBITDA Increases 6.3% to $26.5 Million
Total Same-Store Sales Increases 1.7%
Second Quarter Operating Income Improves to $1.2 Million
Net Loss of $11.6 Million Compared to $12.1 Million in the Prior Year
Net Cash Provided by Operating Activities of $26.7 million
NEW YORK, July 29 /PRNewswire/ -- Duane Reade Holdings, Inc. today reported financial results for the second quarter ended June 27, 2009.
Second Quarter Key Highlights
Adjusted FIFO EBITDA ... |
| | | 07/27/09 | Duane Reade Holdings, Inc. to Report Second Quarter 2009 Financial Results|
NEW YORK, July 27 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that on Wednesday, July 29, 2009 the Company will report second quarter 2009 financial results before the open of the market.
In conjunction with the release, the Company will hold a conference call on Wednesday, July 29, 2009 at 10:00 a.m. Eastern Time. John Lederer, Chairman and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call.
The confere... |
| | | 07/24/09 | Duane Reade Holdings, Inc. Amends Terms and Extends Deadlines for Previously Announced Cash Tender Offers for Senior Secured Floating Rate Notes and Senior Subordinated Notes| New York, NY – July 24, 2009 – Duane Reade Holdings, Inc. announced today that its wholly-owned subsidiaries, Duane
Reade Inc. and Duane Reade (collectively, the “Issuers”), have amended the terms of their previously announced offers to
purchase for cash (i) their Senior Secured Floating Rate Notes due 2010 (the “Floating Rate Notes”) (the “FRN Offer”) and
(ii) their 9.75% Senior Subordinated Notes due 2011 (the “Subordinated Notes” and, together with the Floating Rate
Notes, the “Notes”) (t... |
| | | 07/08/09 | Duane Reade Holdings, Inc. Announces Cash Tender Offers for Senior Secured Floating Rate Notes and Senior Subordinated Notes and Solicitation of Consents to Related Indentures| New York, NY – July 8, 2009 – Duane Reade Holdings, Inc. announced today that its wholly-owned subsidiaries, Duane
Reade Inc. and Duane Reade (collectively, the “Issuers”), are commencing fixed price offers to purchase for cash (i) any
and all of the Issuers’ $210 million outstanding aggregate principal amount of their Senior Secured Floating Rate Notes
due 2010 (the “Floating Rate Notes”) (the “FRN Offer”) and (ii) any and all of the Issuers’ $195 million outstanding
aggregate princ... |
| | | 05/14/09 | Duane Reade Announces Premier-Level Sponsorship of AIDS Walk New York|
Announces Partnership to Provide New Yorkers with Free HIV/AIDS Testing
NEW YORK, NY - May 14, 2009 -- Duane Reade Holdings, Inc. today announced that The Duane Reade Charitable Foundation has doubled its support from last year and will donate $100,000 as a Premier-level sponsor of AIDS Walk New York (AWNY). AWNY raises funds for Gay Men's Health Crisis (GMHC) and fifty other AIDS service organizations in the New York tri-state area. AWNY is the world’s largest HIV/AIDS fundraising even... |
| | | 05/05/09 | Duane Reade Holdings, Inc. Reports First Quarter 2009 Results|
Adjusted FIFO EBITDA Increased 7.8% to $19.7 Million
Same-Store Sales Increased 1.1%
Net Cash Provided By Operating Activities Improved to $4.3 Million
Net Loss Improved 18.0% to $17.2 Million
NEW YORK, May 5 /PRNewswire/ -- Duane Reade Holdings, Inc. today reported financial results for the first quarter ended March 28, 2009.Key HighlightsAdjusted FIFO EBITDA increased 7.8% to $19.7 million from $18.2 million in the prior year first quarter.T... |
| | | 04/29/09 | Duane Reade Holdings, Inc. to Report First Quarter 2009 Financial Results|
NEW YORK, April 29 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that on Tuesday, May 5, 2009 the Company will report first quarter 2009 financial results before the open of the market.
In conjunction with the release, the Company will hold a conference call on Tuesday, May 5, 2009 at 10:00 a.m. Eastern Time. John Lederer, Chairman and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the c... |
| | | 03/10/09 | Duane Reade Holdings, Inc. Reports Fourth Quarter and Full Year 2008 Results|
~ Fourth Quarter Adjusted FIFO EBITDA Increases 4.3% to $26.1 Million, Excluding a Previously Announced $3.5 Million Litigation Settlement Charge ~
~ Full Year Adjusted FIFO EBITDA Increases 15% to $90.5 Million, Excluding $3.5 Million Settlement Charge ~
~ Full Year Net Cash Provided by Operating Activities Increases 130% to $44.3 Million ~
~ Fourth Quarter Net Loss of $17.4 Million and Full Year Net Loss of $72.8 Million ~
NEW YORK, March 10 /PRNewswire/ -- Duane Reade H... |
| | | 03/03/09 | Duane Reade Holdings, Inc. To Report Fourth Quarter and Full Year 2008 Financial Results|
NEW YORK, March 3 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that on Tuesday, March 10, 2009 the Company will report fourth quarter 2008 financial results before the open of the market.
In conjunction with the release, the Company will hold a conference call on Tuesday, March 10, 2009 at 10:00 a.m. Eastern Time. John Lederer, Chairman and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call.
The conference ca... |
| | | 01/28/09 | Duane Reade Holdings, Inc. to Present at the Annual J.P. Morgan High Yield and Leveraged Finance Conference|
NEW YORK, Jan. 22 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that John K. Henry, Senior Vice President and Chief Financial Officer, is scheduled to present at the J.P. Morgan High Yield and Leveraged Finance Conference. The Company’s presentation is scheduled for February 3, 2009 at 2:45 p.m. Eastern Time at the Loews Miami Beach Hotel in Miami, Florida. A webcast of the presentation will be available at the Investors Information section of the Company’s website at http://w... |
| | | 01/13/09 | Duane Reade Holdings, Inc. Reports $3.5 Million Litigation Settlement|
NEW YORK, Jan. 13 /PRNewswire/ -- Duane Reade Holdings, Inc. today reported that, without admitting liability, it has entered into a Memorandum of Understanding to settle two class action cases for $3.5 million. The two class action cases concern the Company's alleged past payment practices for certain overtime and employee non-exempt classifications. These cases are more fully described in the Company's quarterly and annual SEC filings on Forms 10-Q and 10-K and are referred to as Damassi... |
| | | 12/08/08 | Duane Reade Holdings, Inc. Further Strengthens Management Team With Addition of Frank Scorpiniti, SVP, Pharmacy Operations|
NEW YORK, Dec. 8 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced the appointment of Mr. Frank Scorpiniti, 38, as Senior Vice President of Pharmacy Operations effective December 1, 2008. Mr. Scorpiniti reports directly to John Lederer, Chairman and Chief Executive Officer. His appointment adds value and expertise to Duane Reade's capable management team which has recently benefited from the appointments of several other senior executives.Mr. John Lederer, Chairman and Chief Execu... |
| | | 11/07/08 | Duane Reade Holdings, Inc. To Participate in Bank of America Credit Conference|
NEW YORK, Nov. 7 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that John K. Henry, Senior Vice President and Chief Financial Officer, is scheduled to participate in the Bank of America 2008 Credit Conference. The Company's presentation is scheduled for Thursday, November 20, 2008 at 7:50 a.m. ET in Orlando, FL. A webcast of the presentation will be available at the Investors Information section of the Company's website at http://www.duanereade.com.About Duane Reade Founded in ... |
| | | 11/07/08 | Duane Reade Holdings, Inc. Reports Third Quarter Results|
Third Quarter Adjusted FIFO EBITDA Increases 9.5% to $21.2 Million
Front-End Same-Store Sales Increases 6.0%
Pharmacy Same-Store Sales Grow by 3.7%
Gross Margin Improves to 31.3%
Net Loss of $22.3 Million Compared to $22.1 Million in the Third
Quarter of 2007
NEW YORK, Nov. 7 /PRNewswire/ -- Duane Reade Holdings, Inc. today
reported financial results for the third quarter ended September 27, 2008.
Third Quarter Key Highlights
Adju... |
| | | 10/27/08 | Duane Reade Holdings, Inc. To Report Third Quarter 2008 Financial Results|
NEW YORK, Oct. 27 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that on Friday, November 7, 2008 the Company will report third quarter 2008 financial results before the open of the market.
In conjunction with the release, the Company will hold a conference call on Friday, November 7, 2008 at 10:00 a.m. Eastern Time. John Lederer, Chairman and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call.
The conference c... |
| | | 10/09/08 | Duane Reade Holdings, Inc. Issues Statement Regarding Charges Against Former Executives | | | 09/18/08 | Duane Reade Holdings, Inc. Announces Resignation of SVP, Pharmacy Operations | | | 09/15/08 | Duane Reade Holdings, Inc. to Appoint Two Key Executives to Senior Management Team|
New York, NY – September 15, 2008 – Duane Reade Holdings, Inc. today announced that it will further strengthen its senior management team through the appointment of two key executives. Mr. Joseph C. Magnacca will join Duane Reade as Senior Vice President and Chief Merchandising Officer, pending U.S. visa approval which is anticipated to occur in October. Mr. Mark W. Scharbo will join Duane Reade as the Company’s Senior Vice President, Supply Chain, effective October 6, 2008.
Mr. John L... |
| | | 08/27/08 | Duane Reade Goes Pink to Support 2008 Komen New York City Race for the Cure® | | | 07/31/08 | Duane Reade Holdings, Inc. Reports Second Quarter Results|
Second Quarter Adjusted FIFO EBITDA Increases 15.7% to $24.9 Million
Front-End Same-Store Sales Increases 5.6%
Second Quarter Operating Loss Improves Significantly to $0.2 Million, Compared to an Operating Loss of $4.6 Million in the Second Quarter of 2007
Net Loss Improves 40.0% to $12.1 Million
NEW YORK, July 31 /PRNewswire/ -- Duane Reade Holdings, Inc. today
reported financial results for the second quarter ended June 28, 2008.Second Quarter Key Highlights
Adjusted FIFO EB... |
| | | 07/22/08 | Duane Reade Holdings, Inc. to Report Second Quarter 2008 Financial Results|
NEW YORK, July 22 /PRNewswire-FirstCall/ -- Duane Reade Holdings, Inc. today announced that on Thursday, July 31, 2008 the Company will report second quarter 2008 financial results before the open of the market.
In conjunction with the release, the Company will hold a conference call on Thursday, July 31, 2008 at 10:30 a.m. Eastern Time. John Lederer, Chairman and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call.
The confer... |
| | | 06/09/08 | Duane Reade and Gay Men’s Health Crisis Partner to Provide New Yorkers with Free HIV/AIDS Testing | | | 05/15/08 | Duane Reade Announces Proud Sponsorship of AIDS Walk New York | | | 04/29/08 | Duane Reade Holdings, Inc. Reports First Quarter Results | | | 04/22/08 | Duane Reade Holdings, Inc. to Report First Quarter | | | 04/21/08 | Duane Reade Expands Availability of Fashionable Alvin Valley Eco-Tote in Celebration of Earth Month| ~Customers to Receive Bonus Points for Using Eco-Tote over Plastic Bags~
NEW YORK, NY, April 21, 2008 - Duane Reade, the leading drug store chain in metropolitan New York, today announced that in celebration of Earth Month it will expand the availability of the "Use It, Don't Abuse It" eco-tote designed exclusively for Duane Reade by renowned fashion designer Alvin Valley.
The Alvin Valley eco-totes were initially offered in three store locations in February 2008 in conjunction ... |
| | | 04/09/08 | Duane Reade Holdings, Inc. Announces Resignation of Chief Marketing Officer | | | 03/31/08 | John Lederer to be Appointed Chairman of the Board and CEO of Duane Reade Holdings, Inc. and Duane Reade Inc.|
New York, NY – March 31, 2008 –Duane Reade Holdings, Inc. and its subsidiary, Duane Reade Inc., announced today that John A. Lederer will be named Chairman of the Board and Chief Executive Officer. Mr. Lederer's employment with Duane Reade is expected to become effective within the week.
From 2001 to 2006, Mr. Lederer was the President of Loblaw Companies Limited, a Canadian supermarket chain with more than 1,000 corporate and franchised stores under various operating banners. Loblaw is... |
| | | 03/13/08 | Duane Reade Holdings, Inc. Reports Fourth Quarter and Full Year 2007 Results | | | 03/07/08 | Duane Reade Holdings, Inc. to Report Fourth Quarter and Full Year 2007 Financial Results|
NEW YORK, March 7 /PRNewswire/ -- Duane Reade Holdings, Inc. today
announced that on Thursday, March 13, 2008 the Company will report fourth
quarter and full year 2007 financial results before the open of the market.In conjunction with the release, the Company will hold a conference call
on Thursday, March 13, 2008 at 10:00 a.m. Eastern time. David D'Arezzo,
Interim Chief Executive Officer and Chief Marketing Officer, and John Henry,
Senior Vice President and Chief Financial Officer, w... |
| | | 02/06/08 | Designer Alvin Valley And Duane Reade To Unveil Fashionable Eco-Tote | | | 01/15/08 | Duane Reade Holdings, Inc. to Present at J.P. Morgan Annual High Yield and Leveraged Finance Conference | | | 01/14/08 | David D’Arezzo Appointed Interim CEO of Duane Reade Holdings, Inc.; Richard W. Dreiling Resigns to Become CEO of a National Retail Chain; Company Reaffirms Expectations for Full Year 2007 Results | | | 11/27/07 | Duane Reade Opens Diabetes Resource Center in Brooklyn | | | 11/12/07 | Duane Reade Holdings, Inc. to Present at Two Upcoming Investor Conferences|
NEW YORK, Nov. 12 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that Richard W. Dreiling, Chairman, President and Chief Executive Officer, and John K. Henry, Senior Vice President and Chief Financial Officer, are schedule to participate in the following upcoming investor conferences.
Conference: Merrill Lynch Leveraged Finance Conference
Date/Time: November 14, 2007 at 9:00 a.m. Pacific Standard Time
Location: Las Vegas, NV
Conference: Bank of A... |
| | | 11/08/07 | Duane Reade Holdings, Inc. Reports Third Quarter Results | | | 11/02/07 | Duane Reade Holdings, Inc. to Report Third Quarter 2007 Financial Results|
NEW YORK, Nov. 2 /PRNewswire/ -- Duane Reade Holdings, Inc. today
announced that on Thursday, November 8, 2007 the Company will report third
quarter 2007 financial results before the open of the market.In conjunction with the release, the Company will hold a conference call
on Thursday, November 8, 2007 at 10:00 a.m. Eastern time. Richard W.
Dreiling, Chairman, President and Chief Executive Officer, and John Henry,
Senior Vice President and Chief Financial Officer, will host the call.T... |
| | | 10/22/07 | Duane Reade's Richard W. Dreiling to Receive the Jacob K. Javits Lifetime Achievement Award|
Duane Reade's Chairman, President & Chief Executive Officer to be honored at the Thirteenth Annual Lou Gehrig Sports Awards Benefit
NEW YORK, Oct. 22 /PRNewswire/ -- Duane Reade, the leading drug store
chain in metropolitan New York today announced that Richard W. Dreiling, the
Company's Chairman, President & Chief Executive Officer, will be the recipient
of the 2007 Jacob K. Javits Lifetime Achievement Award to be presented at the
Thirteenth Annual Lou Gehrig Sports Awards Benefit to be ... |
| | | 10/11/07 | Duane Reade Holdings, Inc. to Present at Wachovia Securities Consumer Growth Conference|
NEW YORK, Oct. 11 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced that Richard W. Dreiling, Chairman, President and Chief Executive Officer, and John K. Henry, Senior Vice President and Chief Financial Officer, are scheduled to present at the Wachovia Securities Consumer Growth Conference on Wednesday, October 17, 2007 at 10:15 a.m. ET at the New York Palace Hotel.
The presentation will be posted to the Investors Information section of the Company's website at http://www.... |
| | | 09/04/07 | Duane Reade Goes Pink in Support of 2007 Komen New York City Race For the Cure|
Duane Reade unveils limited edition pink Duane Reade Bag for Komen Greater NYC's City in Pink event and Race for the Cure Week
Duane Reade is the pledge sponsor and a diamond sponsor of the 2007 Komen New York City Race for the Cure
NEW YORK, NY, September 4, 2007 – Duane Reade, the leading drug store chain in metropolitan New York, today announced that it is the pledge sponsor and a diamond sponsor of the 2007 Komen New York City Race for the Cure®. In conjunction with City in Pink, a ... |
| | | 08/16/07 | Duane Reade and Consumer Health Services Sign Affiliation Agreement with Continuum Health Partners to Expand Patient Access in New York City | | | 08/14/07 | Duane Reade Holdings, Inc. Reports Second Quarter Results | | | 08/13/07 | Duane Reade Expands Diabetes Resource Center Offerings To Meet Public Demand|
Diabetes Support Groups Now Available to all New Yorkers
New York, NY, August 13, 2007– Duane Reade Holdings, Inc., the leading drug store chain in the New York metropolitan area, today announced it has expanded its service offering at the Duane Reade Diabetes Resource Center, a free comprehensive training and educational facility for patients with diabetes mellitus. Recognizing a growing need to provide New Yorkers with assistance and guidance in living with diabetes, Duane Reade has ope... |
| | | 08/13/07 | Duane Reade’s Performance Script Network™ Awarded A Two-Year Contract To Provide Pharmacy Benefit Services To Union Members Of RWDSU/UFCW Local 338|
New York, NY, August 13, 2007 – August 13, 2007 – Duane Reade Holdings, Inc., the leading drug store in metropolitan New York, and HealthTrans®, a national pharmacy benefits administrator, are pleased to announce that effective August 1, 2007, Duane Reade's Performance Script Network™ has been awarded a two-year contract to provide prescription drug benefit services to the members of Local 338 RWDSU/UFCW, a retail, wholesale and department store union.
“We are pleased to establish this ... |
| | | 07/20/07 | Duane Reade and the New York Yankees Team Up to “Strike Out” Lou Gehrig’s Disease|
Over $157,000 will be donated to The Amyotrophic Lateral Sclerosis Association Greater New York Chapter
New York's top drug store chain and the Yankees announce proceeds raised for
The ALS Association during home plate ceremony
NEW YORK, NY, July 20, 2007 – Duane Reade, the leading drug store chain in metropolitan New York, and The New York Yankees today announced that they have teamed up to raise over $157,000 in their “Strike Out ALS “ campaign. All funds raised from the campaig... |
| | | 05/24/07 | Duane Reade Holdings, Inc. Reports Preliminary First Quarter Results | | | 05/23/07 | Duane Reade Launches Dr Walk-In Medical Care, The First In New York, Physician Present Retail Walk-In Service | | | 05/21/07 | Duane Reade Holdings, Inc. to Report Preliminary First Quarter 2007 Financial Results | | | 05/11/07 | Duane Reade Holdings, Inc. To Present At 16th Annual Bear Stearns Global Credit Conference | | | 04/30/07 | Duane Reade Hosts Golf Tournament To Kick-Off Duane Reade Charitable Foundation | | | 04/26/07 | Duane Reade Installs Coinstar Centers In New York City Drug Stores | | | 04/23/07 | Duane Reade Partners With Together Rx Access | | | 04/18/07 | Duane Reade and The New York Yankees Team Up to “Strike Out” Lou Gehrig’s Disease | | | 04/02/07 | Preliminary Fourth Quarter and Full Year 2006 Results | | | 03/26/07 | Duane Reade Holdings, Inc. to Report Preliminary Fourth Quarter and Full Year 2006 Financial Results| NEW YORK, March 26 /PRNewswire/ -- Duane Reade Holdings, Inc. today
announced that on Monday, April 2, 2007 the Company will report preliminary
fourth quarter and full year 2006 results before the open of the market.
In conjunction with the release, the Company will hold a conference call
on Monday, April 2, 2007 at 10:00 a.m. Eastern time. Richard W. Dreiling,
Chairman, President and Chief Executive Officer, and John Henry, Senior Vice
President and Chief Financial Officer, ... |
| | | 03/26/07 | Duane Reade Establishes the Duane Reade Charitable Foundation| All funds raised will be distributed to New York metro charities that
promote a healthy way of life for New Yorkers
NEW YORK, March 26 /PRNewswire-USNewswire/ -- Duane Reade Holdings, Inc.,
the leading drug store chain in the New York metropolitan area, today
announced the formation of the Duane Reade Charitable Foundation. The
foundation will raise funds to support New York Metro area charities that are
devoted to improving the health and wellness of New Yorkers. Re... |
| | | 03/26/07 | President and CEO Rick Dreiling Appointed to Chairman of the Board of Duane Reade Holdings, Inc.| NEW YORK, March 26 /PRNewswire/ -- Duane Reade Holdings, Inc. today
announced that the Board of Directors appointed Rick Dreiling to the role of
Chairman. Mr. Dreiling will continue in his role as President and Chief
Executive Officer, which he assumed on November 21, 2005.
Mr. Tyler J. Wolfram, Partner of Oak Hill Capital, and a member of Duane
Reade's Board of Directors, stated, "We are delighted to announce the well-
deserved appointment of Rick Dreiling as Chairman of Duane R... |
| | | 02/28/07 | Duane Reade Establishes Flagship Diabetes Resource Center in New York City| Center Helps Residents Manage Their Diabetes Through Free Training and Education Services
New York, New York, February 28, 2007– Duane Reade Holdings, Inc., the leading drug store chain in the New York metropolitan area, today announced the launch of the Diabetes Resource Center, a comprehensive training and educational facility for patients with diabetes mellitus. The flagship Diabetes Resource Center is located in the Duane Reade store at 1889 Broadway (between 62nd St. and 63rd St.) a... |
| | | 02/20/07 | Duane Reade To Open Eight New Locations In Manhattan | | | 01/19/07 | Duane Reade Holdings, Inc. To Present At J.P. Morgan Annual High Yield Conference | | | 12/05/06 | Duane Reade Partners with the Salvation Army to Help Fellow New Yorkers in Need | | | 12/04/06 | Duane Reade Holdings, Inc. to Present at Bank of America 2006 Credit Conference | | | 12/01/06 | Duane Reade Partners With The Rechargeable Battery Recycling Corporation To Go Above and Beyond New York City’s Rechargeable Battery Recycling Ordinance | | | 11/09/06 | Duane Reade Holdings, Inc. Reports Third Quarter 2006 Results | | | 11/07/06 | Duane Reade to Contribute $88,000 to the American Diabetes Association | | | 10/25/06 | Duane Reade Holdings, Inc. Announces That Labcorp® Will Open Patient Services Centers At Duane Reade | | | 09/25/06 | Duane Reade Holdings, Inc. to Co-Sponsor 2nd Annual Caregiver Expo in New York City | | | 08/08/06 | Duane Reade Holdings, Inc. Reports Second Quarter 2006 Results | | | 07/26/06 | Duane Reade Holdings Inc to Report Second Quarter 2006 Results | | | 05/11/06 | Duane Reade Holdings, Inc. Reports First Quarter 2006 Results | | | 05/02/06 | Duane Reade Holdings Inc to Report First Quarter 2006 Results | | | 04/19/06 | Disabled in Action and Duane Reade Reach Agreement on Accesibility of Stores to Persons with Disabilities | | | 04/13/06 | Duane Reade Announces Ratification of New Collective Bargaining Agreement and Settlement with Local 338 RWDSU/UFCW | | | 04/11/06 | Duane Reade Announces Settlement Agreement with Local 338 RWDSU/UFCW and New Collective Bargaining Agreements with Local 338 RWDSU/UFCW and Local 340A New York Joint Board UNITE HERE! | | | 03/21/06 | Duane Reade Holdings, Inc. Reports Fourth Quarter And Full Year 2005 Results| New York, New York, March 21, 2006 – Duane Reade Holdings, Inc. today reported financial results for the fourth quarter and full year ended December 31, 2005. Additionally, Richard Dreiling, the Company's recently appointed Chief Executive Officer, announced Duane Reade Full Potential, a six point strategic plan to transform the business and improve performance. In a separate release today, the Company also announced certain changes in the senior management team.
Key Highlights of 2005
Net... |
| | | 03/21/06 | Duane Reade Holdings, Inc. Strengthens Senior Management Team|
Company Establishes Focused Leadership for Pharmacy and Store Operations
Jerry Ray Appointed to New Position of SVP, Pharmacy Operations
Charles Newsom Appointed to New Position of SVP, Store Operations
David D'Arezzo Appointed to New Position of SVP and Chief Marketing Officer
Robert Storch Rejoins Company in New Position of VP, Pharmacy Marketing and Benefit Management Services
Enhanced Management Team Aligned to Execute on Six Point Strategic Plan Announced Today
New York, Ne... |
| | | 03/16/06 | Duane Reade Holdings, Inc. To Report Fourth Quarter And Fiscal 2005 Results And CEO To Discuss Future Strategic Initiatives| New York, New York, March 16, 2006 – Duane Reade Holdings, Inc. today announced that on Tuesday, March 21, 2006 the Company will report fourth quarter and fiscal 2005 results before the open of the market. In addition, Richard Dreiling, the Company's recently appointed President and Chief Executive Officer, will provide a business update and discuss management's strategic initiatives for the future.
In conjunction with the release, the Company will hold a conference call on Tuesday, March 21, ... |
| | | 11/21/05 | Richard Dreiling Appointed President and CEO of Duane Reade, Inc.|
New York, NY - November 21, 2005 - Duane Reade, Inc., announced today that Mr.
Richard Dreiling has been named President and Chief Executive Officer. Mr. Dreiling
today replaces Anthony J. Cuti.
Mr. Dreiling comes to Duane Reade from Longs Drug Stores Corporation, where he
was Executive Vice President and Chief Operating Officer.
In a statement, the Board of Directors said, "Rick has a proven track record
of achieving operating improvement in merchandising, customer servi... |
| | | 11/01/05 | Duane Reade Holdings, Inc. Reports Third Quarter and Nine Month Financial Results | | | 10/28/05 | Duane Reade Inc. to Broadcast Review of Third Quarter Results Over the Internet | | | 09/15/05 | Duane Reade Customers Can Now "Tap and Go" When Making Purchases|
New York's Number One Drugstore Chain Joins Growing List of Merchants to Accept
MasterCard® PayPass™
New York, NY September 6, 2005 -- Duane Reade, New York's #1 drugstore, today
announced that it will begin accepting MasterCard® PayPass™, a new
payment option for the chain, at all of its 254 locations by the end of 2005.
"We are pleased to introduce MasterCard PayPass at our stores and believe
the addition of this new offering will provide our customers w... |
| | | 08/04/05 | DUANE READE HOLDINGS, INC. REPORTS SECOND QUARTER AND FIRST HALF FINANCIAL RESULTS | | | 07/26/05 | Duane Reade Inc. To Broadcast Review of Second Quarter Results Over the Internet | NEW YORK, July 25 /PRNewswire/ -- Duane Reade Inc. will be broadcasting
the Company's conference call to discuss second quarter results. The call
will be held Tuesday, August 2, 2005 at 10:00 a.m. Eastern Time and can be
accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman
of the Board and Chief Executive Officer, and John Henry, Senior Vice
President and Chief Financial Officer, will host the call.
An online archive of the broadcast will be available within one ... |
| | | 05/05/05 | Duane Reade Inc. Webcast Information (PDF) | | | 05/05/05 | Duane Reade Inc. Reports First Quarter 2005 Results (PDF) | | | 03/16/05 | Duane Reade Inc. Reports Fourth Quarter Results (PDF) | | | 03/11/05 | Duane Reade Provides Financial Impact Of Changes In Certain Accounting Practices Upon Historical Results Of Operations | | | 03/07/05 | Duane Reade Announces Changes in Certain Accounting Practices And Suspension Of its Offer to Exchange its Unregistered Senior Secured Floating Rate Notes Due 2010 Fore Registered Senior Secured Floating Rate Notes Due 2010 | | | 02/09/05 | UNITE HERE Workers Secure Contract with Duane Reade | | | 11/04/04 | Duane Reade Inc. Reports Third Quarter Results (PDF) | | | 10/29/04 | Duane Reade Inc. to Broadcast Review of Third Quarter Results Over the Internet| NEW YORK, Oct 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. will be
broadcasting the Company's conference call to discuss third quarter results.
The call will be on Thursday, November 4, 2004 at 10:00 a.m. Eastern Time and
can be accessed by logging on to http://www.duanereade.com. Anthony Cuti,
Chairman, President, and Chief Executive Officer, and John Henry, Senior Vice
President and Chief Financial Officer, will host the call.
An online archive of the broadcast wil... |
| | | 09/13/04 | Duane Reade Inc. Completes Tender Offer for Senior Convertible Notes| NEW YORK, Sep 13, 2004 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. announced
today that it has completed the cash tender offer for its 2.1478% Senior
Convertible Notes due 2022 (the "Notes"). The noteholders' option to tender
their Notes for repurchase by the Company expired at 5:00 p.m., New York City
time, on September 10, 2004.
The Company has accepted for repurchase approximately $350.9 million in
aggregate principal amount at maturity of Notes which the depositary, U.S.... |
| | | 08/12/04 | Duane Reade Inc. Announces Tender Offer for Senior Convertible Notes| NEW YORK, Aug 12, 2004 /PRNewswire-FirstCall via Comtex/ -- Duane Reade Inc. announced
today that it has commenced a cash tender offer to purchase any and all of its
outstanding 2.1478% Senior Convertible Notes due 2022.
The offer to purchase expires at 5:00 p.m., New York City time, on Friday,
September 10, 2004. The outstanding principal amount at maturity of the
Senior Convertible Notes is approximately $351 million.
On July 30, 2004, Duane Reade consummated its merger with an ... |
| | | 08/02/04 | Duane Reade Inc. to Go-Private Merger Consummated| NEW YORK, Aug 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. (NYSE: DRD)
today announced that it has consummated its previously announced merger with
an affiliate of Oak Hill Capital Partners, L.P., a private equity firm. The
aggregate value of the merger transaction is approximately $700 million,
including the repayment of indebtedness.
As a result of the transaction, Duane Reade's shares will no longer be
listed on the New York Stock Exchange, and Duane Reade will con... |
| | | 07/26/04 | Duane Reade Inc. Stockholders Vote to Approve Proposed Acquisition by an Affiliate of Oak Hill Capital Partners, L.P.| NEW YORK, July 26 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that at a special meeting of stockholders held on July 26,
2004, its stockholders voted to approve the proposed acquisition of the
Company by an affiliate of Oak Hill Capital Partners, L.P. The acquisition is
subject to customary closing conditions and Duane Reade expects to close the
acquisition on July 30, 2004.
Upon the closing of the acquisition, each outstanding share of Duane Reade
common... |
| | | 07/23/04 | Duane Reade Inc. Announces Amendment to Its Credit Facility and Pricing of Bond Offering| NEW YORK, Jul 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. (NYSE: DRD)
today announced that on July 22, 2004 it amended its existing senior secured
credit facility with Bank of America's Retail Finance Group to provide for a
$50 million increase in borrowing capacity, from $200 million to $250 million.
The Company also noted that additional changes were made to the terms of the
credit facility that will have the effect of reducing overall borrowing costs
to the Company.
... |
| | | 07/19/04 | Duane Reade Inc. Reports Second Quarter and First Half Sales and Earnings Results| NEW YORK, July 19 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today reported sales and earnings for the second quarter ended June 26, 2004.
SECOND QUARTER RESULTS
Net sales increased 2.8% to $365.2 million, with pharmacy sales increasing
6.5% and comprising 45.3% of net sales, as compared to the second quarter of
the previous year. Same-store sales increased 0.4%, reflecting a 4.6% increase
in pharmacy same-store sales and a 2.8% decline in front-end same-store sales... |
| | | 06/30/04 | Duane Reade Inc. Announces Filing of Definitive Proxy Statement| NEW YORK, June 30 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that the Company has filed a definitive proxy statement with
the Securities and Exchange Commission regarding the Company's proposed merger
with Duane Reade Shareholders, LLC and Duane Reade Acquisition Corp. Duane
Reade Shareholders, LLC and Duane Reade Acquisition Corp. are owned by Oak
Hill Capital Partners, L.P.
The transaction is subject to, among other conditions, approval by Duane
Reade'... |
| | | 06/21/04 | Duane Reade Inc. Enters Into an Amendment to Merger Agreement| NEW YORK, June 21 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
announced today that it has amended its merger agreement with Duane Reade
Shareholders, LLC and Duane Reade Acquisition Corp. The amendment, among
other changes, reduces the merger consideration from $17.00 to $16.50 per
share. Duane Reade Shareholders, LLC and Duane Reade Acquisition Corp. are
owned by Oak Hill Capital Partners, L.P. The transaction is subject to, among
other conditions, approval by Duane Reade's ... |
| | | 06/14/04 | Duane Reade Inc. Extends the Closing Date for the Proposed Acquisition| NEW YORK, Jun 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. (NYSE: DRD)
announced today that the termination date of its merger agreement with Duane
Reade Shareholders, LLC and Duane Reade Acquisition Corp. has been extended
from June 30, 2004 to July 13, 2004. Duane Reade Shareholders, LLC and Duane
Reade Acquisition Corp. are owned by Oak Hill Capital Partners, L.P. The
record date for determining stockholders of Duane Reade entitled to vote on
the proposed merger is J... |
| | | 05/04/04 | Duane Reade Announces Introduction of Electronic Prescribing Communication Capabilities| Company Announces Initiative in Metro New York Area
NEW YORK, May 4 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today is the first pharmacy in the metro NY area to announce its capability to
conduct electronic exchange of prescription information with physicians.
Electronic prescribing will enable Duane Reade's pharmacists to not only
electronically send refill requests to physicians but also process new
prescriptions, receive refill authorizations, and change reque... |
| | | 05/03/04 | Duane Reade Signs On to Support the Pharmacy Care Alliance's Medicare-Approved Prescription Drug Discount Card| Duane Reade will support the card in 243 local pharmacies in the
New York Metro Area
NEW YORK, May 3 /PRNewswire-FirstCall/ -- Following Medicare's approval of
the Pharmacy Care Alliance prescription drug discount card, Duane Reade today
announced that it has agreed to support the discount card in its 243 local
pharmacies in the New York metro area.
"Duane Reade is pleased to be able to offer Medicare beneficiaries the
Pharmacy Care Alliance discou... |
| | | 04/21/04 | Duane Reade Inc. Reports First Quarter Sales and Earnings Results| NEW YORK, April 21 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today reported financial results for the first quarter ended March 27, 2004.
First Quarter Results
Net sales increased 4.8% to $349.6 million, compared with $333.6 million
in the same period last year. Pharmacy sales increased 10.2% and represented
45.3% of total sales, compared with 43.1% last year. Total same-store sales
increased 1.6%. Pharmacy same-store sales increased 6.6% during the quarter
and f... |
| | | 04/16/04 | Duane Reade Inc. to Broadcast Review of First Quarter Results Over the Internet| NEW YORK, Apr 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. (NYSE: DRD)
invites investors to listen to a broadcast of the Company's conference call to
discuss first quarter results. The call will be broadcast live over the
Internet on Wednesday, April 21, 2004 at 10:00 a.m. Eastern Time and can be
accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman,
President, and Chief Executive Officer, and John Henry, Senior Vice President
and Chief Financial O... |
| | | 03/11/04 | Duane Reade Inc. Provides Update on Financial Reporting Consequences of NLRB Recommendation| NEW YORK, March 11 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today commented on the financial reporting consequences of a recent National
Labor Relations Board (NLRB) Administrative Law Judge (ALJ) recommendation in
a litigation matter with the Allied Trades Council, a union representing
employees in 139 of its stores.
After a lengthy negotiating period in 2001, the Company determined that it
had reached a bargaining impasse with the Allied Trades Council in August of
t... |
| | | 02/24/04 | Duane Reade Inc. Comments on Certain Outstanding Union Matters| NEW YORK, Feb. 24 /PRNewswire-FirstCall/ -- In response to a recent
recommendation made by an administrative law judge, Duane Reade Inc.
(NYSE: DRD) today stated that it remains confident that issues surrounding the
impasse with Allied Trades Council (ATC) and ATC's illegal claims of
affiliation with Local 338 will be resolved favorably to Duane Reade.
Mr. Daniel Murphy of Putney Twombly, Duane Reade's labor counsel in this
matter, stated, "I believe that the law and the facts suppor... |
| | | 02/19/04 | Duane Reade Inc. Reports Fourth Quarter and Fiscal 2003 Results| - Fourth Quarter and Full Year Diluted EPS of $0.12 and $0.49 Respectively - NEW YORK, Feb 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. (NYSE: DRD)
today reported sales and earnings for the fourth quarter and full year ended
December 27, 2003.
FOURTH QUARTER RESULTS
As previously announced, net sales increased 7.7% to $356.4 million from
$331.1 million in the same quarter last year. Net sales reflect an 11.9% rise
in pharmacy sales, comprising 43.7% of sales, of... |
| | | 02/12/04 | Duane Reade Inc. to Broadcast Review of Fourth Quarter Results Over the Internet| NEW YORK, Feb 12, 2004 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. (NYSE: DRD)
invites investors to listen to a broadcast of the Company's conference call to
discuss fourth quarter results. The call will be broadcast live over the
Internet on Thursday, February 19, 2004 at 10:00 a.m. Eastern Time and can be
accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman,
President, and Chief Executive Officer, and John Henry, Senior Vice President
and Chief Financia... |
| | | 01/23/04 | Duane Reade Inc. Provides Updated Expectations for Fourth Quarter And Full Year| NEW YORK, Jan. 23 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today provided updated expectations for sales and earnings for the fourth
quarter and full year 2003.
Net sales for the fourth quarter ended December 27, 2003 were
$356.4 million, approximately $5.6 million below the Company's previously
announced expectations. This sales shortfall reflects the impact of two
snowstorms that disrupted seasonal business in December and contributed to the
delayed openings of new s... |
| | | 12/23/03 | Duane Reade Inc. to Broadcast Conference Call Over the Internet| NEW YORK, Dec. 23 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
invites investors to listen to a broadcast of the Company's conference call to
discuss the merger agreement that was announced today, December 23, 2003. The
call will be broadcast live over the Internet on Wednesday, December 24, 2003
at 9:00 a.m. Eastern Time and can be accessed by logging on to
http://www.duanereade.com. Anthony Cuti, Chairman, President, and Chief
Executive Officer, and John Henry, Senior Vice Pr... |
| | | 12/23/03 | Duane Reade Inc. to Be Acquired By Oak Hill Capital Partners, L.P.| NEW YORK, Dec. 23 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that it has entered into a definitive merger agreement to be
acquired by an affiliate of Oak Hill Capital Partners, L.P.
Under the terms of the merger agreement, Duane Reade's stockholders will
receive $17.00 per share in cash. The purchase price represents a 22.8%
premium over the average closing price of Duane Reade's common stock for the
last thirty (30) trading days. Yesterday's closing pri... |
| | | 10/23/03 | Duane Reade Inc. Reports Third Quarter and Nine Month Sales and Earnings Results| - Company Posts Third Quarter and Nine Month Diluted EPS of
$0.08 and $0.37 Respectively -
NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today reported sales and earnings for the third quarter and nine months ended
September 27, 2003.
THIRD QUARTER RESULTS
As previously announced, net sales increased 8.3% to $338.6 million, with
pharmacy sales increasing 13.5% and comprising 43.9% of net sales. Same-store
sales increas... |
| | | 10/16/03 | Duane Reade Inc. to Broadcast Review Of Third Quarter Results Over the Internet| NEW YORK, Oct. 16 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
invites investors to listen to a broadcast of the Company's conference call to
discuss third quarter results. The call will be broadcast live over the
Internet on Thursday, October 23, 2003 at 10:00 a.m. Eastern Time and can be
accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman,
President, and Chief Executive Officer, and John Henry, Senior Vice President
and Chief Financial Officer, will ho... |
| | | 10/06/03 | Duane Reade Inc. Provides Updated Third Quarter and Full Year Guidance| NEW YORK, Oct 6, 2003 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. (NYSE: DRD)
today provided updated sales and earnings guidance for third quarter and full
year 2003.
Net sales for the third quarter ended September 30, 2003 were $338.6
million, approximately $11.4 million below the Company's expectations issued
at the end of the second quarter. As previously indicated, the August 14
power outage in the Northeast caused a temporary business interruption and
this accounted fo... |
| | | 09/02/03 | Duane Reade Inc. to Speak at the Goldman Sachs Global Retailing Conference| NEW YORK, Sept. 2 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that Anthony Cuti, Chairman and Chief Executive Officer, and
John Henry, Chief Financial Officer, will deliver a presentation on behalf of
the Company at the Goldman Sachs Global Retailing Conference on Wednesday,
September 3, 2003 at 2:00 PM Eastern Time.
The presentation will be webcast live and available on the Company's
website at www.duanereade.com. An archive of the presentation will be
ac... |
| | | 08/22/03 | Duane Reade Inc. Provides Update on Impact of Power Outage| NEW YORK, Aug 22, 2003 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc. (NYSE: DRD)
today commented on the power outage that affected New York City and the
surrounding metropolitan area on August 14 - 15, 2003, and provided guidance
regarding the related financial impact on the business.
The power outage that began at approximately 4:10pm on Thursday, August
14th resulted in the temporary closure of all of the Company's 237 stores.
Throughout most of New York City the power outage... |
| | | 07/24/03 | Duane Reade Inc. Reports Second Quarter and First Half Sales and Earnings Results| - Company Posts Second Quarter
and First Half Diluted EPS of $0.17 and $0.29, Respectively -
NEW YORK, July 24 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today reported sales and earnings for the second quarter ended June 28, 2003.
SECOND QUARTER RESULTS
As previously announced, net sales increased 9.4% to $355.1 million, with
pharmacy sales increasing 14.7% and comprising 43.7% of net sales. Same-store
sales increased 3.1%, reflecting an 8.0% increas... |
| | | 07/24/03 | Duane Reade Inc. Announces New $200 Million Secured Credit Facility| - New Financing Replaces Previous Senior Credit Facility
and Carries Improved Terms -
NEW YORK, July 24 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
announced today it has closed a new $200 million secured asset based revolving
credit facility that will mature in July 2008. This financing carries
improved terms, including a lower interest rate, and replaces the Company's
previous senior credit facility, a portion of which was due to mature on
Febr... |
| | | 07/17/03 | Duane Reade Inc. to Broadcast Review of Second Quarter Results Over The Internet| NEW YORK, July 17 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
invites investors to listen to a broadcast of the Company's conference call to
discuss second quarter results. The call will be broadcast live over the
Internet on Thursday, July 24, 2003 at 10:00 a.m. Eastern Time and can be
accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman,
President, and Chief Executive Officer, and John Henry, Senior Vice President
and Chief Financial Officer, will host... |
| | | 07/09/03 | Duane Reade Inc. Appoints Timothy R. LaBeau to the Position of Senior Vice President of Merchandising| NEW YORK, July 9 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that Timothy R. LaBeau has been appointed to the position of
Senior Vice President of Merchandising and to the Company's Executive
Committee, effective Monday, July 21, 2003. Mr. LaBeau, whose
responsibilities will include managing purchasing, merchandising and inventory
control activities, will report directly to Anthony J. Cuti, Chairman of the
Board and Chief Executive Officer.
Mr. LaBeau, 48, h... |
| | | 07/02/03 | Duane Reade Inc. Provides Updated Second Quarter Guidance| NEW YORK, July 2 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today provided updated sales and earnings guidance for the second quarter
ended June 28, 2003.
Net sales for the second quarter were $355.2 million, below the Company's
sales expectations due to an unusually wet and cold spring selling season and
sustained weakness in the economy. Same-store sales for the quarter increased
3.1% with pharmacy same-store sales increasing by 8.0% and front-end
same-store sales dec... |
| | | 06/09/03 | Duane Reade Comments on New York City Prescription Drug Pricing| NEW YORK, June 9 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD).
On Sunday, June 8, 2003, Jeff Klein (D-Bronx) announced in a press conference
that his latest survey and analysis of prescription drug prices in New York
City led to some conclusions regarding Duane Reade as well as other chains'
drug pricing.
On Monday June 9, 2003, at Duane Reade's request Mr. Klein's office
forwarded the details of his study and findings to Duane Reade. Upon review,
the Company has conclude... |
| | | 06/04/03 | Duane Reade Responds to Local 338 Claims| NEW YORK, June 4 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that on May 8, 2003 over 2000 of its employees voted by secret
written ballot in all five New York City boroughs in an election monitored by
the American Arbitration Association to defeat a proposed affiliation between
one union, Allied Trades Council, and another union, Local 338. The vote was
at least 2:1 against a proposed affiliation. Despite this, The New York
Times, without investigation or disc... |
| | | 05/14/03 | Duane Reade Inc. Comments On Pending New York State Legislation| NEW YORK, May 14 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today commented on certain pending New York State legislation and its expected
impact on the business, if ultimately enacted.
The New York State Legislature has recently submitted a budget compromise
proposal to the New York State Governor. This legislation, if enacted in its
current form, has provisions to reduce New York State Medicaid and EPIC Senior
Citizen prescription reimbursement rates and to effectively... |
| | | 04/24/03 | Duane Reade Inc. Reports First Quarter Sales and Earnings Results ~ Earnings Per Diluted Share of $0.13 on 9.1% Sales Gain| NEW YORK, April 24 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today reported sales and earnings for the first quarter ended March 29, 2003.
First Quarter Results
Net sales increased 9.1% to $333.6 million compared with $305.8 million in
the same period last year. Pharmacy sales increased 13.1% and represented
43.1% of total sales compared with 41.6% last year and total same-store sales
increased 1.5%. Pharmacy same-store sales, which increased 6.4%, were
adversel... |
| | | 04/17/03 | Duane Reade Inc. to Broadcast Review of First Quarter Results Over the Internet| NEW YORK, April 17 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
invites investors to listen to a broadcast of the Company's conference call to
discuss first quarter results. The call will be broadcast live over the
Internet on Thursday, April 24, 2003 at 10:00 a.m. Eastern Time and can be
accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman,
President, and Chief Executive Officer, and John Henry, Senior Vice President
and Chief Financial Officer, will hos... |
| | | 04/04/03 | Duane Reade Inc. to Speak at the SunTrust Robinson Humphrey 32nd Annual Institutional Investor Conference| NEW YORK, April 4 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that Anthony Cuti, Chairman and Chief Executive Officer, and
John Henry, Chief Financial Officer, will deliver a presentation on behalf of
the Company at the SunTrust Robinson Humphrey 32nd Annual Institutional
Investor Conference on Tuesday, April 8, 2003 at 2:10pm Eastern Time.
The presentation will be webcast live and available on the Company's
website at www.duanereade.com. An archive of the... |
| | | 03/26/03 | Duane Reade Inc. to Speak at the Banc of America Fourth Annual Consumer Conference|
NEW YORK, March 26 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that Anthony Cuti, Chairman and Chief Executive Officer, and
John Henry, Chief Financial Officer, will deliver a presentation on behalf of
the Company at the Banc of America 4th Annual Consumer Conference on
Wednesday, April 2, 2003 at 8:50 AM Eastern Time.
The presentation will be webcast live and available on the Company's
website at www.duanereade.com. An archive of the p... |
| | | 03/14/03 | Duane Reade Inc. To Speak At The Merrill Lynch Global Retailing Leaders Conference|
NEW YORK, March 14 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that Anthony Cuti, Chairman and Chief Executive Officer, and
John Henry, Chief Financial Officer, will deliver a presentation on behalf of
the Company at the Merrill Lynch & Co. 26th Annual Global Retailing Leaders
Conference on Thursday, March 20, 2003 at 11:20 AM Eastern Time.
The presentation will be webcast live and available on the Company's
website at www.duanereade.com... |
| | | 02/24/03 | Duane Reade Inc. to Speak at the Bear, Stearns & Co. Inc. Ninth Annual Retail, Restaurants & Apparel Conference|
NEW YORK, Feb. 24 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that Anthony Cuti, Chairman and Chief Executive Officer, and
John Henry, Chief Financial Officer, will deliver a presentation on behalf of
the Company at the Bear, Stearns & Co. Inc. Ninth Annual Retail, Restaurants &
Apparel Conference. The presentation is scheduled for Wednesday, February 26,
2003 at 1:30 p.m. Eastern Time at the Bear Stearns World Headquarters in New
York City.
... |
| | | 02/20/03 | Duane Reade Inc. Reports Fourth Quarter and Fiscal 2002 Results|
Chain Achieves Record Sales of $331.1 Million for Fourth Quarter and
$1.274 Billion for Full Year -
Company Posts Fourth Quarter Diluted Earnings Per Share of $0.39,
Including $0.05 Extraordinary Gain -
NEW YORK, Feb. 20 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today reported sales and earnings for the fourth quarter and fiscal year ended
December 28, 2002.
FOURTH QUARTER RESULTS
Net sales for the fou... |
| | | 02/13/03 | Duane Reade Inc. to Broadcast Review of Fourth Quarter Results Over the Internet|
NEW YORK, Feb. 13 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
invites investors to listen to a broadcast of the Company's conference call to
discuss fourth quarter results. The call will be broadcast live over the
Internet on Thursday, February 20, 2003 at 10:00 a.m. Eastern Time and can be
accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman,
President, and Chief Executive Officer, and John Henry, Senior Vice President
and Chief Financia... |
| | | 01/21/03 | Duane Reade Inc. Provides Guidance for Fourth Quarter 2002/Fiscal 2003|
Company Estimates Fourth Quarter Diluted EPS Will Range Between
$0.38 and $0.41 -
Fiscal 2003 Diluted EPS Projected to Range Between $1.40 and $1.50 -
NEW YORK, Jan. 21 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today provided sales and earnings guidance for the fourth quarter of fiscal
2002 and the full year 2003.
FOURTH QUARTER 2002
The Company expects to report fourth quarter sales of approximately
$33... |
| | | 10/25/02 | Duane Reade Inc. Reports Third Quarter and Nine Month Sales and Earnings Results| NEW YORK, Oct 25, 2002 /PRNewswire-FirstCall via COMTEX/ --
~ Company Achieves Third Quarter Diluted EPS of $0.33, Before Extraordinary Charge ~ Duane Reade Inc.
(NYSE: DRD) today reported sales and earnings for the third quarter ended
September 28, 2002.
THIRD QUARTER RESULTS
Net sales increased 11.9% to $312.8 million, with pharmacy sales increasing
19.2% and comprising 41.9% of net sales. Same-store sales increased 6.0%,
reflecting a 13.2% increase in pharmacy sa... |
| | | 10/17/02 | Duane Reade Inc. to Broadcast Review of Third Quarter Results Over the Internet| NEW YORK, Oct 17, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) invites investors to listen to a broadcast of the Company's
conference call to discuss third quarter results. The call will be broadcast
live over the Internet on Friday, October 25, 2002 at 10:00 a.m. Eastern Time
and can be accessed by logging on to http://www.duanereade.com. Anthony Cuti,
Chairman, President, and Chief Executive Officer, and John Henry, Senior Vice
President and Chief Financial Offi... |
| | | 10/07/02 | Duane Reade Inc. to Speak at the McDonald Investments 2002 Consumer Growth Conference| NEW YORK, Oct 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) today announced that Anthony Cuti, Chairman and Chief Executive
Officer, and John Henry, Chief Financial Officer, will deliver a presentation on
behalf of the Company at the McDonald Investments 2002 Consumer Growth
Conference. The presentation is scheduled for Wednesday, October 9, 2002 at 8:45
a.m. Eastern Time at The Roosevelt Hotel in New York City.
The presentation will be webcast live and avai... |
| | | 09/09/02 | Duane Reade Inc. Adopts Shareholder Rights Plan| NEW YORK, Sep 9, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) announced today that its Board of Directors adopted a Shareholder
Rights Plan designed to enhance the Board's ability to protect shareholders
against, among other things, unsolicited attempts to acquire control of the
Company that do not offer an adequate price to all shareholders or are otherwise
not in the best interests of the Company and its shareholders. The Plan is not
being adopted in response to... |
| | | 09/03/02 | Duane Reade Inc. to Speak at Goldman Sachs Global Retailing Conference| NEW YORK, Sep 3, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) today announced that Anthony Cuti, Chairman and Chief Executive
Officer, and John Henry, Chief Financial Officer, will deliver a presentation on
behalf of the Company at the Goldman Sachs Global Retailing Conference. The
presentation is scheduled for Wednesday, September 4, 2002 at 2:45 p.m. Eastern
Time at The Plaza Hotel in New York City.
The presentation will be webcast live and available on th... |
| | | 08/29/02 | Duane Reade Inc. Partners With New York City High School In a Cooperative Learning Program| NEW YORK, Aug 29, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD), with PENCIL and the Brooklyn and Staten Island High Schools
District, today announced the launch of an on-site cooperative learning program
with the Harry Van Arsdale Jr. High School, a New York City public high school
located in Brooklyn.
The program will revolve around a 2,000 square foot simulated Duane Reade drug
store that will be open at the Harry Van Arsdale Jr. High School for the
2002/... |
| | | 07/31/02 | Duane Reade Inc. Announces That Its Registration Statement On Form S-3 Has Been Declared Effective| NEW YORK, Jul 31, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) announced today that a Registration Statement on Form S-3 filed with
the Securities and Exchange Commission on June 21, 2002, as amended, relating to
the resale by the holders of Duane Reade Inc.'s Senior Convertible Notes due
2022 and the shares of common stock issuable upon conversion of the notes, has
been declared effective by the Securities and Exchange Commission.
This press release is neit... |
| | | 07/25/02 | Duane Reade Inc. Reports Second Quarter and First Half Sales and Earnings Results|
Company Achieves Second Quarter Diluted EPS of $0.41 Before Extraordinary
Charges -
NEW YORK, July 25 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today reported sales and earnings for the second quarter ended June 29, 2002.
SECOND QUARTER RESULTS
Net sales increased 11.1% to $324.8 million, with pharmacy sales
increasing 20.1% and comprising 41.7% of net sales. Driving the overall
increase in net sales was same-store sales ... |
| | | 07/17/02 | Duane Reade Inc. to Broadcast Review of Second Quarter Results Over the Internet| NEW YORK, Jul 17, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) invites investors to listen to a broadcast of the Company's
conference call to discuss second quarter results. The call will be broadcast
live over the Internet on Thursday, July 25, 2002 at 10:00 a.m. (Eastern Time)
and can be accessed by logging on to http://www.duanereade.com . Anthony Cuti,
Chairman, President, and Chief Executive Officer, and John Henry, Senior Vice
President and Chief Financial O... |
| | | 06/03/02 | Duane Reade Inc. Announces Successful Completion of its Tender Offer And Consent Solicitation for its 9-1/4% Senior Subordinated Notes Due 2008|
NEW YORK, June 3 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
announced today the successful completion of its tender offer for up to all of
its $80 million outstanding 9-1/4% Senior Subordinated Notes due 2008 (the
"Notes") and the related consent solicitation, as further detailed in the
Offer to Purchase and Consent Solicitation Statement dated May 3, 2002, as
amended.
The offer expired at midnight, New York City time, on Friday, May 31,
2002. Duane Re... |
| | | 05/28/02 | Duane Reade introduces Apt. 5 Cosmetics ~ Offers Customers Stylish and Affordable Beauty Products|
NEW YORK, May 28 /PRNewswire-FirstCall/ -- Capitalizing on the growing
beauty market, Duane Reade Inc. (NYSE: DRD) announced today the new Apt. 5
controlled label cosmetic line sold exclusively at Duane Reade stores and on
the Apt. 5 (http://www.apt5cosmetics.com) and Duane Reade websites
(http://www.duanereade.com).
(Photo: http://www.newscom.com/cgi-bin/prnh/20020528/NYTU018 )
Apt. 5's chic shades and luxurious formulations offer consumers fresh,
fabu... |
| | | 05/28/02 | Duane Reade introduces Apt. 5 Cosmetics ~ Offers Customers Stylish and Affordable Beauty Products ~| NEW YORK, May 28, 2002 /PRNewswire-FirstCall via COMTEX/ -- Capitalizing on the
growing beauty market, Duane Reade Inc. (NYSE: DRD) announced today the new Apt.
5 controlled label cosmetic line sold exclusively at Duane Reade stores and on
the Apt. 5 (http://www.apt5cosmetics.com) and Duane Reade websites
(http://www.duanereade.com).
(Photo: http://www.newscom.com/cgi-bin/prnh/20020528/NYTU018 )
Apt. 5's chic shades and luxurious formulations offer consumers fresh, fabulous
lo... |
| | | 05/21/02 | Duane Reade Inc. Announces Receipt of Required Consents in its Tender Offer And Consent Solicitation For the 9-1/4% Senior Subordinated Notes Due 2008| NEW YORK, May 21, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) announced today that, in connection with its tender offer for up to
all of its $80 million outstanding 9-1/4% Senior Subordinated Notes due 2008
(the "Notes"), it has received the required consents to eliminate substantially
all of the restrictive covenants of the indenture governing the Notes and to
make certain other amendments, as further detailed in the Offer to Purchase and
Consent Solicitation St... |
| | | 05/17/02 | Duane Reade Inc. Provides Update on its Tender Offer and Consent Solicitation for the 9-1/4% Senior Subordinated Notes Due 2008|
Company Increases the Purchase Price and Extends the Consent Payment Deadline
NEW YORK, May 17 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
announced today that it has increased the purchase price with respect to its
tender offer for up to all of its $80 million outstanding 9-1/4% Senior
Subordinated Notes due 2008, which commenced on May 3, 2002. The Company has
also extended the "consent payment deadline" with respect to the related
consent solicitation f... |
| | | 05/03/02 | Duane Reade Inc. Commences Tender Offer and Consent Solicitation for the 9-1/4% Senior Subordinated Notes Due 2008| NEW YORK, May 03, 2002 /PRNewsire-FirstCall via Comtex/ -- Duane Reade Inc.
(NYSE: DRD) announced today that it has commenced a tender offer for all of its
$80 million outstanding 9-1/4% Senior Subordinated Notes due 2008 (the "Notes").
Under the terms of the offer, which commenced today, Duane Reade Inc. will
purchase outstanding Notes at a purchase price of $1,070 per $1,000 principal
amount at maturity. The purchase price includes an amount equal to 2% of the
principal amount that... |
| | | 04/25/02 | Duane Reade Inc. Reports Record First Quarter Sales and Earnings Results| NEW YORK, Apr 25, 2002 /PRNewswire-FirstCall via COMTEX/ -- - Earnings Per Diluted Share* Increased 57.1% to $0.22 On 12.5% Sales Gain - *Before One-Time Charge Related to Accounting Change to the Specific Item Cost LIFO Method Duane Reade Inc.
(NYSE: DRD) today reported record sales and earnings for the first quarter ended
March 30, 2002.
Net sales increased 12.5% to $305.8 million, with pharmacy sales increasing
24.6% and representing 41.6% of total sales. Same store sales incr... |
| | | 04/22/02 | Duane Reade Inc. to Broadcast Review of First Quarter Results Over the Internet|
NEW YORK, April 22 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
invites investors to listen to a broadcast of the Company's conference call to
discuss first quarter results. The call will be broadcast live over the
Internet on Thursday, April 25, 2002 at 9:00 a.m. (Eastern Time) and can be
accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman,
President, and Chief Executive Officer, and John Henry, Senior Vice President
and Chief Financial Of... |
| | | 04/16/02 | Duane Reade Inc. To Speak At Suntrust Robinson Humphrey 31st Annual Institutional Conference| NEW YORK, Apr 16, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) today announced that Anthony Cuti, Chairman and Chief Executive
Officer, and John Henry, Chief Financial Officer, will deliver a presentation on
behalf of the Company at the SunTrust Robinson Humphrey 31st Annual
Institutional Conference. The presentation is scheduled for today, Tuesday,
April 16th at 10:30 a.m. Eastern Time at The Ritz-Carlton Buckhead in Atlanta,
Georgia.
Interested investors ... |
| | | 04/11/02 | Duane Reade Inc. Announces Pricing of $190 Million of Senior Convertible Notes| NEW YORK, Apr 11, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) today announced that it has priced its previously announced offering
of 20-year Senior Convertible Notes. The Company anticipates that the
transaction will close on April 16, 2002. The securities will be senior
unsecured notes convertible into shares of Duane Reade Inc. common stock under
certain conditions. The underwriter also has an option to exercise an over
allotment option for up to 15% of the am... |
| | | 04/10/02 | Duane Reade Inc. Announces Offering of Senior Convertible Notes|
NEW YORK, April 10 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that, subject to market and other conditions, it intends to
raise approximately $110 million gross proceeds through an offering of 20-year
convertible notes. The securities will be Senior Notes convertible into
shares of Duane Reade Inc. common stock under specific conditions.
The Company intends to use the net proceeds of the offering to repay
amounts outstanding under its se... |
| | | 03/12/02 | Duane Reade Inc. to Speak at Merrill Lynch & Company Global Retailing Leaders Conference| NEW YORK, Mar 12, 2002 /PRNewswire-FirstCall via COMTEX/ -- Duane Reade Inc.
(NYSE: DRD) today announced that Anthony Cuti, Chairman and Chief Executive
Officer, and John Henry, Chief Financial Officer, will deliver a presentation on
behalf of the Company at the Merrill Lynch & Company Global Retailing Leaders
Conference. The presentation is scheduled for Wednesday, March 13, 2002 at 9:05
a.m. Eastern Time at The Pierre Hotel in New York.
Interested investors can access a live audio ... |
| | | 02/28/02 | Duane Reade Inc. to Speak at Bear Stearns Eighth Annual Retail, Restaurant & Apparel Conference|
NEW YORK, Feb. 28 /PRNewswire-FirstCall/ -- Duane Reade Inc. (NYSE: DRD)
today announced that Anthony Cuti, Chairman and Chief Executive Officer, and
John Henry, Chief Financial Officer, will deliver a presentation on behalf of
the Company at the Bear Steams Eighth Annual Retail, Restaurant & Apparel
Conference on March 1, 2002 at 10:30 a.m. Eastern Time at the Bear Stearns
World Headquarters in New York.
Interested investors can access a live audio webcast of the p... |
| | | 02/19/02 | Duane Reade Inc. Appoints Kenneth Woodrow to Its Board of Directors| NEW YORK, Feb. 19, 2002 -- Duane Reade Inc. (NYSE:DRD) today announced that Kenneth B. Woodrow has been appointed to the Company's Board of Directors effective March 1, 2002. Mr. Woodrow's appointment increases the Board to a total of eight members.
Mr. Woodrow, 57, comes to the Duane Reade Board with an impressive retail background, having spent the majority of his prestigious career holding various positions at Target Corporation (NYSE:TGT). Before his retirement in December 2001, Mr. ... |
| | | 02/19/02 | Duane Reade Inc. Reports Fourth Quarter and Fiscal 2001 Results | Diluted Earnings Per Share of $0.42 for Fourth Quarter and $1.20 for Fiscal Year Chain Reaches Milestone of 200 Stores; Company Achieves 14% Annual Sales Increase to Record $1.14 Billion Company Appoints Additional Independent Board Member, Bringing Total Number of Directors to 8
NEW YORK, Feb. 19, 2002 -- Duane Reade Inc. (NYSE:DRD) today reported record sales and fully taxed earnings for the fourth quarter and fiscal year ended December 29, 2001.
The Company separately announce... |
| | | 02/14/02 | Duane Reade Inc. to Broadcast Review of Fourth Quarter and Fiscal 2001 Results Over the Internet| NEW YORK, Feb. 14 -- Duane Reade Inc. (NYSE: DRD) invites investors to listen to a broadcast of the Company's conference call to discuss fourth quarter and fiscal 2001 results. The call will be broadcast live over the Internet on Wednesday, February 20, 2002 at 9:00 a.m. (Eastern Time) and can be accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman, President, and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call... |
| | | 02/06/02 | Duane Reade Inc. to Speak at Credit Suisse First Boston Food and Drug Retailing Conference| NEW YORK, Feb. 6, 2002 -- Duane Reade Inc. (NYSE:DRD) today announced that Anthony Cuti, Chairman and Chief Executive Officer, and John Henry, Chief Financial Officer, will deliver a presentation on behalf of the Company at the Credit Suisse First Boston Food and Drug Retailing Conference. The presentation is scheduled for Wednesday, February 6, 2002 at 2:00 p.m. Eastern Time at The Pierre Hotel in New York.
Interested investors can access a live audio webcast of the presentation at http... |
| | | 10/26/01 | Duane Reade Inc. Reports Third Quarter and Nine Month Sales and Earnings Results|
Third Quarter Sales Increase 15% to $279.4 Million -
Third Quarter Diluted EPS of $0.27, In Line With Previously
Provided Guidance
Nine Month Earnings Before Extraordinary Charge Increase 23.5% to
$16.2 Million
NEW YORK, Oct. 26, 2001 -- Duane Reade Inc. (NYSE:DRD) today reported sales and earnings for the third quarter ended September 29, 2001.
THIRD QUARTER RESULTS
Net sales ... |
| | | 10/19/01 | Duane Reade Inc. to Broadcast Review of Third Quarter 2001 Results Over the Internet| NEW YORK, Oct. 19 -- Duane Reade Inc. (NYSE: DRD) invites investors to listen to a broadcast of the Company's conference call to discuss third quarter 2001 results. The call will be broadcast live over the Internet on Friday, October 26, 2001 at 9:00 a.m. (Eastern Time) and can be accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman, President, and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call.
An onl... |
| | | 10/03/01 | Duane Reade Inc. Speaks at Bloomberg News Retail Outlook Day| NEW YORK, Oct. 3, 2001 -- Duane Reade Inc. (NYSE: DRD) announced that today Anthony Cuti, Chairman and Chief Executive Officer, delivered a presentation on behalf of the Company at the Bloomberg News Retail Outlook Day held at The Four Seasons Hotel in New York City. A recorded version of the audio portion of the presentation will be made available on the Bloomberg web site located at http://www.bloomberg.com and will be accessible beginning Thursday, October 4, 2001.
Founded in 1960, Du... |
| | | 09/24/01 | Duane Reade Inc. Provides Updated Earnings Guidance| NEW YORK, Sept. 24, 2001 -- Duane Reade Inc. (NYSE:DRD), provided guidance today on the Company's financial outlook for the third quarter and current year as well as fiscal 2002.
Anthony J. Cuti, Chairman of the Board and Chief Executive Officer, commented, "I am pleased to report that we have made great progress in returning our temporarily closed locations in downtown Manhattan stores to operational status. As of today, we have reopened all but two of the 20 stores closed on the day of... |
| | | 09/17/01 | Duane Reade Inc. Provides Business Interruption Update| NEW YORK, Sept. 17, 2001 -- Anthony J. Cuti, Chairman of the Board and Chief Executive Officer of Duane Reade Inc. (NYSE: DRD), commented today on the current status of the impact of the New York City terrorist attack on its business operations.
It is with great sadness that we reflect upon the tragic events that took place on September 11th and our deepest sympathy extends to all those who have been affected. The attack on the World Trade Center has resulted in the loss of one Duane Rea... |
| | | 08/09/01 | Duane Reade Inc. Names Glenn J. Smith Vice President and General Counsel| NEW YORK, Aug. 9, 2001 -- Duane Reade Inc. (NYSE: DRD) today announced the appointment of Glenn J. Smith to the newly created position of Vice President and General Counsel. Mr. Smith will report directly to Anthony J. Cuti, Chairman of the Board and Chief Executive Officer.
Mr. Smith, 37, will be responsible for managing all legal activities of Duane Reade, including real estate leases, corporate matters, contracts and compliance issues. He joins Duane Reade with more than 10 years of e... |
| | | 07/27/01 | Duane Reade Inc. Reports Record Second Quarter and First Half Sales and Earnings Results| Second Quarter Earnings Per Diluted Share Increases 33.3% to $0.36 on 20.0% Sales Gain; First Half Earnings Per Diluted Share Increases 31.6% to $0.50 on 20.1% Sales Gain
NEW YORK, July 27, 2001 -- Duane Reade Inc. (NYSE:DRD) today reported record sales and earnings for the second quarter ended June 30, 2001.
SECOND QUARTER RESULTS
Net sales increased 20.0% to $292.3 million, with pharmacy sales increasing 32.5% and contributing 38.6% of total sales. Same store sales incr... |
| | | 07/19/01 | Duane Reade Inc. to Broadcast Review of Second Quarter 2001 Results Over the Internet| NEW YORK, July 19, 2001 -- Duane Reade Inc. (NYSE: DRD) invites investors to listen to a broadcast of the Company's conference call to discuss second quarter 2001 results. The call will be broadcast live over the Interneton Friday, July 27, 2001 at 10:00 a.m. (Eastern Time) and can be accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman, President, and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call.
An... |
| | | 06/26/01 | Duane Reade Inc. Names Bruce E. Schwallie Senior Vice President of Merchandising| NEW YORK, June 26, 2001 -- Duane Reade Inc. (NYSE: DRD) today announced the appointment of Bruce E. Schwallie to the newly created position of Senior Vice President of Merchandising. Mr. Schwallie will report directly to Anthony J. Cuti, Chairman of the Board and Chief Executive Officer.
Mr. Schwallie, 46, will be responsible for purchasing all general merchandise, cosmetics, and softgoods products, as well as directing store merchandising and advertising initiatives. He joins Duane Read... |
| | | 06/08/01 | Duane Reade Inc. Announces Pricing of Public Offering of Common Stock| NEW YORK, June 8, 2001 -- Duane Reade Inc. (NYSE:DRD) today announcedthat a public offering of common stock, par value $0.01 per share, was priced on June 7, 2001 at $34.50 per share.
Duane Reade Inc. sold 4,000,000 shares in the offering and certain stockholders of the Company sold 3,000,000 shares. The offering will result in net proceeds to the Company, after underwriting discounts and estimated expenses, of approximately $130.6 million. Certain selling stockholders also granted the u... |
| | | 04/30/01 | Duane Reade Inc. Reports Record First Quarter Sales and Earnings Results| Earnings Per Diluted Share Increases 27.3% To $0.14 On 20.1% Sales Gain
NEW YORK, April 30 -- Duane Reade Inc. (NYSE: DRD - news) today reported record sales and earnings for the first quarter ended March 31, 2001.
Net sales for the first quarter were $271.7 million, a 20.1% increase over last year's first quarter, with pharmacy sales increasing 30.0% and contributing 37.5% of total sales. Same store sales increased 8.5% over last year, including a 16.9% increase in pharmacy same... |
| | | 04/30/01 | Duane Reade Inc. Announces Plans for a Proposed Offering of Common Stock| NEW YORK, April 30 -- Duane Reade Inc. (NYSE: DRD - news) today announced that it plans to file a registration statement with the Securities and Exchange Commission for a proposed public offering of approximately 7,000,000 shares of common stock consisting of approximately 4,000,000 primary shares offered by the Company and approximately 3,000,000 secondary shares offered by certain selling shareholders.
It is currently anticipated that the underwriters will be granted an over-allotment ... |
| | | 04/23/01 | Duane Reade Inc. to Broadcast Review of First Quarter 2001 Results Over the Internet| NEW YORK, April 23 -- Duane Reade Inc. (NYSE: DRD - news) invites investors to listen to a broadcast of the Company's conference call to discuss first quarter 2001 results. The call will be broadcast live over the Internet on Monday, April 30, 2001 at 10:00 a.m. (Eastern Time) and can be accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman, President, and Chief Executive Officer, and John Henry, Senior Vice President and Chief Financial Officer, will host the call.
... |
| | | 04/06/01 | Duane Reade Inc. to Speak at Robinson-Humphrey Thirtieth Annual Institutional Conference| NEW YORK, April 6 -- Duane Reade Inc. (NYSE: DRD - news) today announced that Anthony Cuti, Chairman and Chief Executive Officer, and John Henry, Chief Financial Officer, will deliver a presentation on behalf of the Company at the Robinson Humphrey Thirtieth Annual Institutional Conference. The presentation is scheduled for Monday, April 9, 2001 at 1:30 p.m. Eastern Time at The Ritz-Carlton Buckhead in Atlanta, Georgia.
The presentation will be simultaneously broadcast on the Internet an... |
| | | 03/29/01 | Duane Reade Inc. to Speak at Banc of America Securities Consumer Conference| NEW YORK, March 29 -- Duane Reade Inc. (NYSE: DRD - news) today announced that Anthony Cuti, Chairman and Chief Executive Officer, and John Henry, Chief Financial Officer, will deliver a presentation on behalf of the Company at the Banc of America Securities Consumer Conference. The presentation is scheduled for Monday, April 2, 2001 at 8:00 a.m. Eastern Time at The Palace Hotel in New York City.
The audio portion of the presentation will be simultaneously broadcast on the Internet and a... |
| | | 03/16/01 | Duane Reade Inc. to Speak at Deutsche Banc Alex. Brown Consumer Growth Stock Conference| NEW YORK, March 16 -- Duane Reade Inc. (NYSE: DRD - news) today announced that Anthony Cuti, Chairman and Chief Executive Officer, and John Henry, Chief Financial Officer, will deliver a presentation on behalf of the Company at the Deutsche Banc Alex. Brown Consumer Growth Stock Conference. The presentation is scheduled for Monday, March 19, 2001 at 2:00 p.m. Eastern Time at the Ritz Carlton in Naples, Florida.
Interested investors can access a live audio webcast of the presentation at h... |
| | | 02/22/01 | Duane Reade Inc. to Speak at Bear Stearns Seventh Annual Retail and Apparel Conference| NEW YORK, Feb. 22 - Duane Reade Inc. (NYSE: DRD) today announced that Anthony Cuti, Chairman and Chief Executive Officer, and John Henry, Chief Financial Officer, will make a presentation on behalf of the Company at the Bear Sterns Seventh Annual Retail and Apparel Conference. The presentation is scheduled for Monday, February 26, 2001 at 1:30 p.m. Eastern Time at the Hotel Inter-Continental in New York.
The audio portion of the presentation will be webcast live and archived for a period... |
| | | 02/20/01 | Duane Reade Inc. Announces Record Fourth Quarter and Year-End 2000 Results| Diluted Earnings Per Share Up 34.2% to $0.51 For Fourth Quarter; Sales Top $1 Billion For Year
NEW YORK, Feb. 20 -- Duane Reade Inc. (NYSE: DRD) today reported record sales and fully taxed earnings for the fourth quarter and year ended December 30, 2000.
FOURTH QUARTER RESULTS
Net sales for the fourteen week fourth quarter reached $287.3 million, an increase of 25.1% over last year's thirteen week fourth quarter, with pharmacy sales increasing 36.4% and representing 36.1%... |
| | | 02/20/01 | Duane Reade Inc. Announces Appointment to Board of Directors| NEW YORK, Feb. 20 -- Duane Reade Inc. (NYSE: DRD) today announced the appointment of William Simon to the Company's Board of Directors, increasing the number of directors to seven.
Mr. Simon, 62, is currently an Executive Vice President in charge of the international division of KPMG Consulting, Inc. (Nasdaq: KCIN) and has previously held positions as the National Managing Partner in charge of KPMG's management consulting practice, as well as Partner in charge of KPMG's audit practice. H... |
| | | 02/13/01 | Duane Reade Inc. to Broadcast Review of Fourth Quarter and Fiscal 2000 Year End Results Over the Internet| Duane Reade Inc. to Broadcast Review of Fourth Quarter and Fiscal 2000 Year End Results Over the Internet
NEW YORK, Feb. 13, 2001 - Duane Reade Inc. (NYSE: DRD) invites investors to listen to a broadcast of the Company's conference call to discuss fourth quarter and fiscal 2000 year end results. The call will be broadcast live over the Internet on Tuesday, February 20, 2001 at 10:00 a.m. (Eastern Time) and can be accessed by logging on to http://www.duanereade.com. Anthony Cuti, Chairman, Presi... |
| | | 02/07/01 | Duane Reade Inc. to Speak at Credit Suisse First Boston Food and Drug Retailing Conference| NEW YORK, Feb. 7, 2001 - Duane Reade Inc. (NYSE: DRD) today announced that Anthony Cuti, Chairman and Chief Executive Officer, and John Henry, Chief Financial Officer, will make a presentation on behalf of the Company at the Credit Suisse First Boston Food and Drug Retailing Conference. The presentation is scheduled for Wednesday, February 7, 2001 at 3:00 p.m. Eastern Time at the Pierre Hotel in New York.
The presentation, as well as a copy of the slides and images accompanying the confe... |
| |
|
|
