UPDATE: Walgreen Q1 Sales Surge 6%
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.
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