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We've increased gross profit dollars in this store by 31% since we've been here," said Billy, who believes franchising is the best way to go into business. Generics such as simvastatin (the generic version of Zocor) saw a significant reduction in gross profit dollars during the fourth quarter. Commenting on the results, Jaco's Chairman and Chief Executive Officer Joel Girsky, stated, "While fourth quarter net sales declined relative to the year ago period, gross profit margins rose significantly and gross profit dollars increased slightly, reflecting the change in product mix from last year's fourth quarter, specifically a reduction in sales through logistics programs. |
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