Walgreens December Sales Fall 4%

Walgreens

had December sales of $6.71 billion, a decrease of 4.0 percent from $6.99 billion for the same month in fiscal 2012. Total front-end sales decreased 1.3 percent compared with the same month in fiscal 2012, while comparable store front-end sales decreased 2.3 percent. Customer traffic in comparable stores decreased 4.0 percent while basket size increased 1.7 percent. Prescriptions filled at comparable stores decreased by 2.3 percent in December and were flat on a day-fall adjusted (DFA) basis. This year's December had one additional Sunday and Monday and one fewer Thursday and Friday compared with December 2011, negatively impacting prescriptions filled in comparable stores