Walgreen January Sales Rise

Walgreen (NYSE: WAG  ) started 2014 in positive territory, for the most part. According to the company, for January its total sales were $6.39 billion, or almost 4% above the $6.17 billion of January 2013. Front-end (i.e., non-pharmacy goods) sales also advanced on an annual basis, by 2.4%, while pharmacy sales grew at a rate of 4.6%. 

Comparable-store sales advanced 2.9% during the month when matched against those of the previous January. Front-end "comps" notched a 1.6% annual gain, while comparable pharmacy sales grew by 3.7% over the January 2013 number. Customer traffic on a comparable-store basis headed in the opposite direction, recording a 2.2% decline.

During the month, Walgreen opened 12 stores and shuttered three. The former tally includes three relocations. All told, at the end of the month the company's total store count was 8,678.


Read/Post Comments (1) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On February 06, 2014, at 12:56 AM, Robbsbeach wrote:

    Eric;

    Lets get real here, .

    " Customer traffic on a comparable-store basis headed in the opposite direction, recording a 2.2% decline'.

    Does your view of Rising Sales include corporate Real estate assets that where sold , or the Amerisource Bergen taking over Walgreens Wholesale Prescription.. business that was a recorded asset for the financial lending folks..

    You also failed to mention Walgreens cash flow after all the M&A spend..

    RSVP

    Robb.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2825883, ~/Articles/ArticleHandler.aspx, 10/25/2014 1:43:11 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 4 hours ago Sponsored by:
DOW 16,805.41 127.51 0.76%
S&P 500 1,964.58 13.76 0.71%
NASD 4,483.72 30.92 0.69%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/24/2014 4:02 PM
WAG $62.65 Up +0.58 +0.93%
Walgreen Company CAPS Rating: ****

Advertisement