EX-99.1 2 a09-31808_2ex99d1.htm EX-99.1

Exhibit 99.1

 

GRAPHIC

Comparable Script Count Growth FY'09 FY'10 0.2% (1.7%) (1.0%) (0.9%) 2.2% 1.4% 1.8% (2.0%) (1.5%) (1.0%) (0.5%) 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% Q1 FY'09 Q2 FY'09 Q3 FY'09 Q4 FY'09 Q1 FY'10 Q2 FY'10 Sept

 


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Low Volume Stores Adjusted EBITDA Improvement $10.6 Total Improvement 7.0 DC Freight & Handling ($ in millions) Adjusted EBITDA Impact (1) Front End Sales & Gross Profit ($9.8) Payroll 11.4 Other Operating Expenses 2.0 New labor model Bi-weekly delivery Inventory reduction Reduced ad in some stores 2nd Quarter Fiscal 2010 Compared to 2nd Quarter Fiscal 2009 (1) Excludes impact of Rx sales and margin.

 


GRAPHIC

Store Segmentation – Script Opportunity Stores Same Store Script Growth Script Growth Tool Box Improve customer service Grass roots marketing effort Transfer coupons Rx Savings Card Courtesy refill -1.00% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% March April May June July August September Rx Opportunity Stores All Other

 


GRAPHIC

Control Labor Costs Pharmacy Scripts per Pharmacist Hour Front End Sales per Labor Hour 12 13 14 15 Mar Apr May Jun Jul Aug FY09 FY10 Front End Sales per Labor Hour $110 $105 $100 $95 $90 Mar Apr May Jun Jul Aug FY09 FY10

 


GRAPHIC

Reduce Supply Chain Costs Enabled by lowering inventory investment Warehouse operating efficiencies Elimination of satellite facilities Facility closures Atlanta Long Island Improved transportation routing More efficient delivery model based on store segmentation Distribution Costs as % of Sales Fiscal 2009 Fiscal 2010 1.79% 1.80% 1.69% 1.53% 1.48% 1.55% Q1 Q2 Q3 Q4 Q1 Q2