Walgreens Releases May Sales

Walgreen (NYSE: WAG) released its sales figures for the month of May before the market open Wednesday morning.

Following the release the company shares were trading up slightly (~0.25 percent). The following bullets are highlights from the release.


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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Walgreen's May Sales

  • Sales of $6.57 billion, an increase of 6.0 percent from $6.19 billion for the same month in fiscal 2013.
  • Comparable store front-end sales increased 2.6 percent.
  • Prescriptions filled at comparable stores increased by 3.5 percent in May and increased 5.6 percent on a calendar day-shift adjusted basis.
  • May pharmacy sales increased by 7.9 percent.
  • Comparable store pharmacy sales increased 5.5 percent and increased by a calendar day-shift adjusted 7.6 percent.
  • Sales in comparable stores increased by 4.4 percent in May.
  • Total sales for the third quarter of fiscal 2014, which ended May 31, were $19.49 billion, up 6.5 percent from $18.65 billion in last year's quarter.
  • Fiscal 2014 year-to-date sales for the first nine months were $57.42 billion, an increase of 5.8 percent from $54.28 billion in fiscal 2013.
  • Walgreens opened eight stores during May, including one relocation, acquired one and closed 23.
Posted In: NewsRetail Sales