Walgreens (WAG) April Comps Up 1.2%, Total Sales up 3.8%
Tweet
Share
E-mail
Walgreens (NYSE: WAG) (Nasdaq: WAG) had April sales of $5.98 billion, an increase of 3.8 percent from $5.76 billion for the same month in fiscal 2012.
Total front-end sales decreased 2.9 percent compared with the same month in fiscal 2012, while comparable store front-end sales decreased 4.3 percent. Customer traffic in comparable stores decreased 5.9 percent while basket size increased 1.6 percent.
For the combined March/April period that includes the Easter holiday season, comparable store front-end sales decreased by 0.2 percent, while customer traffic in comparable stores decreased 4.0 percent and basket size increased 3.8 percent.
Prescriptions filled at comparable stores increased by 9.7 percent in April and increased 6.3 percent on a calendar day-shift adjusted basis. This year’s April had one additional Tuesday and one fewer Sunday compared with April 2012. These calendar shifts positively impacted prescriptions filled at comparable stores by 3.4 percentage points.
The company said the percentage of former Express Scripts customers returning to its pharmacies continued to increase in April.
April pharmacy sales increased by 7.3 percent, while comparable store pharmacy sales increased 4.7 percent and increased by a calendar day-shift adjusted 1.3 percent. Calendar day shifts positively impacted pharmacy sales in comparable stores by 3.4 percentage points. Calendar day-shift adjusted comparable store pharmacy sales were negatively impacted by 4.1 percentage points due to generic drug introductions in the last 12 months. Pharmacy sales accounted for 64.5 percent of total sales for the month.
Sales in comparable stores increased by 1.2 percent in April. Calendar day shifts positively impacted total comparable sales by 2.2 percentage points, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 2.6 percentage points.
Sales for the combined months of March and April 2013 increased 3.0 percent from the same two months in 2012. Comparable store sales for the March/April period increased 0.8 percent.
Total front-end sales decreased 2.9 percent compared with the same month in fiscal 2012, while comparable store front-end sales decreased 4.3 percent. Customer traffic in comparable stores decreased 5.9 percent while basket size increased 1.6 percent.
For the combined March/April period that includes the Easter holiday season, comparable store front-end sales decreased by 0.2 percent, while customer traffic in comparable stores decreased 4.0 percent and basket size increased 3.8 percent.
Prescriptions filled at comparable stores increased by 9.7 percent in April and increased 6.3 percent on a calendar day-shift adjusted basis. This year’s April had one additional Tuesday and one fewer Sunday compared with April 2012. These calendar shifts positively impacted prescriptions filled at comparable stores by 3.4 percentage points.
The company said the percentage of former Express Scripts customers returning to its pharmacies continued to increase in April.
April pharmacy sales increased by 7.3 percent, while comparable store pharmacy sales increased 4.7 percent and increased by a calendar day-shift adjusted 1.3 percent. Calendar day shifts positively impacted pharmacy sales in comparable stores by 3.4 percentage points. Calendar day-shift adjusted comparable store pharmacy sales were negatively impacted by 4.1 percentage points due to generic drug introductions in the last 12 months. Pharmacy sales accounted for 64.5 percent of total sales for the month.
Sales in comparable stores increased by 1.2 percent in April. Calendar day shifts positively impacted total comparable sales by 2.2 percentage points, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 2.6 percentage points.
Sales for the combined months of March and April 2013 increased 3.0 percent from the same two months in 2012. Comparable store sales for the March/April period increased 0.8 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Klarna CFO and CMO to depart in early 2027
- SoFi Tech Solutions Q2 debit index shows travel, fuel and experience gains
- Select Water Solutions signs 12-year water deal in Northern Delaware Basin
Create E-mail Alert Related Categories
Corporate News, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
