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UPDATE: Walgreen Q1 Sales Surge 6%

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Walgreen Co (NYSE: WAG) reported a 6% rise in its first-quarter sales.

Walgreen's quarterly sales surged to $18.35 billion, versus $17.32 billion, in the year-ago quarter. Its same-store sales climbed 5.5% in the quarter.

Walgreen's November sales gained 4.1% to $6.07 billion from $5.83 billion, while same-store sales climbed 3.2% in November.

In the pharmacy section, Walgreen's same-store sales surged 4%, versus analysts' expectations for a 3.9% growth.

Walgreen shares closed at $58.71 yesterday.

Posted-In: profitNews Retail Sales


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