Walgreen (WAG) reports total comparable-store sales rose 4.8% in FQ3.
Customer traffic was down 0.7%, while the average basket size increased 2.9%.
Comps for the front-end of the store rose 2.2% during the period.
The company's gross margin rate fell 40 bps to 28.1%.
Combined synergies for Walgreens and Alliance Boots were $367M for the first three months of the fiscal year.
WAG -2.5% premarket