business news in context, analysis with attitude

On Friday, MNB reported that Longs Drug Stores’ July sales were off 1.6 percent to $353 million, on same-store sales that were down 43.5 percent.

This latter number, of course, was incorrect…and the result of two index fingers moving quickly but inaccurately across the keyboard at about 6 am.

As someone from Longs pointed out to MNB in an email, “it was a tough month, but not that tough.”

Same-store sales for July were actually down 3.5 percent.

MNB apologizes for the goof, and for any resultant heart palpitations suffered by shareholders and analysts when reading the piece here.

KC's View: