Walgreens (WAG) January Sales Rose 6.3%; Front-End Comps Down 0.4%

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Walgreen (WAG) Comps Make Strong Gains in January; May Signal Rebound

February 5, 2013 12:24 PM EST

Walgreen (NYSE: WAG) is trading strong following January retail sales results, which were issued ahead of the bell Tuesday morning. Comps rose 3.7 percent for the month, while overall sales rose 6.3 percent.

Goldman Sachs noted that January comps beat its above-the-Street estimate calling for a 3.1 percent gain. Front-end comps fell 0.4 percent,... More