Retail sales increase for Home Diagnostics, Inc.
FORT LAUDERDALE, Fla. The continued nationwide launch of the new TRUEresult and TRUE2go blood glucose monitoring systems with Walgreens and Rite Aid helped Home Diagnostics, Inc. increase its retail channel sales by 14.6 percent for the year ended Dec. 31, HDI reported Tuesday.
Retail channel results also benefitted from the nationwide roll out of TRUEtrack into all Walmart pharmacy stores.
Total revenue for the fourth quarter was $29.5 million, an increase of 6.4%. For the full year, revenue grew by 6.9% to $123.6 million.