Walgreens January Comparable Store Sales up 1.6%

Walgreens (NYSE: WAG) had January sales of $5.80 billion, a decrease of 2.3 percent from $5.93 billion for the same month in fiscal 2011.

Total front-end sales increased 2.7 percent in January 2012 compared with the same month in 2011, while comparable store front-end sales increased 1.6 percent, following a 0.6 percent increase in December. Customer traffic in comparable stores decreased 0.6 percent while basket size increased 2.2 percent.