Walgreen Company (WAG) Misses Q1 EPS by 12c
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Christmas Comes Early For For Walgreen (WAG) Bulls
December 24, 2012 7:33 AM ESTOn Friday shares of Walgreen Co. (NYSE: WAG) traded lower after the drugstore chain reported Q1 results that missed expectations. Commenting on developments, analysts Ajay Jain of Cantor Fitzgerald said We believe the reaction to WAG's 1Q earnings is understandable and reflects continued frustration on the lack of transparency on the Alliance Boots transaction and the lack of clarity regarding the underlying earnings picture.
In June, Walgreen announced... More
Walgreen (WAG) Misses Q1 Expectations on Costs; Still Feels Express Scripts Impact
December 21, 2012 7:54 AM ESTWalgreen (NYSE: WAG) shares are down pretty good in early trading following first-quarter 2013 results that missed the market on both fronts: earnings and sales.
Revenue for the Deerfield, IL-based retail pharmacy giant slipped 4.6 percent to $17.32 billion. Net income plummeted 25.5 percent to $413 million, or 43 cents per share. Exuding one-time items like amortization costs and LIFO provisions, EPS was more robust at 58 cents.
The Street... More
