Walgreens December Sales Increase 10.8 Percent

Walgreens December Sales Increase 10.8 Percent
January 06, 2009

Deerfield, Ill.-based Walgreens recently reported a 10.8 percent increase in sales in December, compared to the same month in 2007. Comparable-store sales rose 4.9 percent, while comparable store front-end sales increased 0.4 percent. Walgreens stores saw steady consumer traffic throughout the month, with transactions in comparable stores increasing 0.7 percent in December. Pharmacy sales, which accounted 58.8 percent of total sales for the month, increased 13.5 percent, while comparable pharmacy sales increased 8.5 percent. Walgreens also opened two stores, acquired five stores and closed one store in December. As of Dec. 31, the company operated 7,131 locations in the U.S., Puerto Rico and Guam. That includes 6,636 drugstores, 596 more than a year ago.

Produced by: Nielsen Business Media, a part of the Nielsen Company
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