NORWALK, Conn. -- Priceline.com here said last week it anticipates a shortfall in anticipated sales for the third quarter ended Sept. 30 -- an announcement that resulted in an immediate 42% drop in the company's stock price last Wednesday. In the wake of the stock's decline last week, industry analysts told SN they were not sure what the longterm impact would be. News of the anticipated shoftfall came from Daniel H. Schulman, president and chief executive officer of Priceline.com, who said ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.