Drugstore.com Inc. expects to report a net loss of $4.5 million to $5.2 million for the second quarter.
The online retailer expects to report revenue of $85 million to $89 million for the quarter that ends June 27.
“We expect our second quarter results to be affected by a dip in gross margins to approximately 20.3%,” said acting CEO Bob Barton in a statement. “This reflects a slower-than-anticipated ramp-up in our Vision Direct business and the impact of our free three-day shipping and other discount programs on our gross margins.”
Network
