The quarter ended June 30, 2009 provided positive earnings results for major pharmaceutical distributors Owens & Minor, McKesson Corp. and AmerisourceBergen.
Second quarter sales for Owens & Minor, Richmond, VA, were $2.01 billion, an increase of 13.7% over the same period a year ago. Profit was flat in the year over year comparison at $23.6 million.
Year-to-date, Owens & Minor sales were $3.96 billion, up 13.3% from the first half of 2008. Profit decreased 21.4% to $37.6 million, due in part to charges associated with exiting the direct-to-consumer business during the first quarter.
San Francisco, CA-based McKesson’s fiscal year 2010 first quarter sales were flat with first quarter 2008 sales at $26.7 billion. Profit improved 23% to $288 million.
Sales for …
