Walgreen comp sales up 3.5% in March

Overall sales of $6.43B were 4.5% higher than a year ago, with sales in comparable stores up 3.5%. With Easter not coming until April 20 this year, total front-end sales fell 2.6% in March, and comparable front-end sales fell 3.4%.

Walgreen (WAG +0.9%) March pharmacy sales increased 8.9%, with comparable store pharmacy sales up 8% (adjusting for calendar day shift, sales were up 7.1%).

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