Seeking Alpha

Walgreen reports June sales up 8.9%

  • Walgreen (WAG) reports June sales increased 8.9% Y/Y to $6.28B in June.
  • Comparable-store sales in the front end of Walgreens stores rose 1.3% as a higher average basket size offset lower traffic.
  • Comparable store pharmacy sales rose 11.3% during the month as a calendar shift contributed positively.
  • WAG +0.4% premarket
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