Flu season boosts Walgreen's Q1 profit
Drugstore chain Walgreen Co. has reported a 10 percent rise in quarterly profit as the onset of the winter flu season heightened demand for drugs and pharmacy sales. The Deerfield, Ill.-based company said net profit rose to $254.9 million in the fiscal first quarter ended Nov. 30, from $231.6 million
a year earlier. Sales for the quarter also increased 16.5 percent to $8.7 billion, with comparable-store sales jumping 11.9 percent. U.S. health officials said last week that this season's flu outbreak has now hit nearly every U.S. state, with deaths from pneumonia and influenza growing to an epidemic level. Walgreen's prescription sales surged 18.7 percent in the quarter, while pharmacy same-store sales jumping 14.7 percent.
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DEERFIELD, Ill. -- Walgreens (NYSE:WAG)(NASDAQ:WAG): * Diluted earnings per share increase to 46 cents from last year's 43 cents * Cost controls slow growth ......
WOONSOCKET, R.I. - No. 2 U.S. pharmacy chain CVS Corp. on Tuesday said total sales in the third quarter increased 8.6 percent, Reuters reports.
With September and fourth quarter sales reports from Walgreen, Family Dollar, Hollywood Entertainment and Target ......
Roger L. Polark will retire. Replacing Polark as svp and cfo will be William M. Rudolphsen, currently dvp of accounting and controller.
Walgreen Co., Deerfield, Ill., recently reported that it will open 550 new drugstore locations over the next 12 months, building upon the more than ......
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DEERFIELD, Ill. -- Walgreen Co. had September sales of $4,028,420,000, an increase of 15.1 percent from $3,499,824,000 for the same month in 2005. Sales in ......
DEERFIELD, Ill. -- Walgreen Co. (NYSE:WAG)(NASDAQ:WAG) had November sales of $4,356,570,000, an increase of 16.2 percent from $3,750,490,000 for the same month in 2005. Sales ......
DEERFIELD, Ill. -- Walgreen Co. (NASDAQ:WAG)(NYSE:WAG) had December sales of $5,129,350,000, an increase of 14.4 percent from $4,483,083,000 for the same month in 2005. Sales ......
DEERFIELD, Ill. -- Walgreen Co. (NYSE:WAG) (NASDAQ:WAG) had May sales of $4,583,320,000, an increase of 10.7 percent from $4,140,191,000 for the same month in 2006....
DEERFIELD, Ill. -- Walgreen Co. (NYSE:WAG)(NASDAQ:WAG) had March sales of $4,614,750,000, an increase of 12.8 percent from $4,091,799,000 for the same month in 2006. Sales ......
DEERFIELD, Ill. -- Walgreen Co. (NYSE: WAG)(NASDAQ: WAG) had February sales of $4,302,310,000, an increase of 13.4 percent from $3,794,742,000 for the same month in ......
DEERFIELD, Ill. -- Walgreen Co. (NYSE:WAG)(NASDAQ:WAG) had October sales of $4,314,320,000, an increase of 18.2 percent from $3,650,084,000 for the same month in 2005. Sales ......
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