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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Australian Wealth Advisors Group Ltd | ASX:WAG | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.305 | 0.275 | 0.34 | 0.00 | 07:00:11 |
DOW JONES NEWSWIRES
Walgreen Co. (WAG) said Thursday its June same-store sales rose 3.4% on a calendar shift that gave June one more weekday compared with the same month a year earlier.
The company said pharmacy patients fill more prescriptions during the week than on weekends, so the extra weekday helped boost results by 1.5 percentage points.
However, same-store front-end sales fell 0.9% from a year earlier, hurt by softer sales of seasonal items.
Same-store pharmacy sales rose 5.8%, hurt by 4.4 points because of generic-drug introductions. Same-store prescriptions filled increased 7.5%, and pharmacy sales made up two-thirds of total sales for the month.
Walgreen is struggling to bounce back from a recent trend of retail weakness for the nation's No. 2 drugstore chain by store count after CVS Caremark Corp. (CVS).
Total sales for June rose 9% to $5.24 billion.
Walgreen's shares closed Wednesday at $29.34 and haven't traded premarket.
-By Kerry Grace Benn, Dow Jones Newswires; 212-416-2353; kerry.benn@dowjones.com
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