Drugstore.com Cuts Net Loss as Sales Rise

Drugstore.com, Inc., reduced its second quarter net loss to $32.1 million from $54.7 million in second quarter 2000, while its net sales rose from $24.6 million to $34 million during the same period. The quarter ended July 1.

The company also slashed its marketing and sales expenses from $25.4 million to $8.3 million, and trimmed its fulfillment and order processing outlays from $9.3 million to $6.9 million. At the same time, its average net sales per order rose by more than 40%, to $62.