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

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

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

February 5, 2013 8:01 AM EST

Walgreens (NYSE: WAG) (Nasdaq: WAG) had January sales of $6.15 billion, an increase of 6.3 percent from $5.78 billion for the same month in fiscal 2012.

Total front-end sales increased 1.3 percent compared with the same month in fiscal 2012, while comparable store front-end sales decreased 0.4 percent. Customer traffic in comparable stores decreased 2.8 percent while basket size increased 2.4 percent.

Prescriptions filled at comparable stores increased by 13.6 percent... More