Walgreens (WAG $34.77) August comparable sales increase 4.3%, below
Retail Metrics consensus.
The company announced comparable store sales for the fourth quarter of fiscal
2011 increased 4.3% versus 5.2% Retail Metrics consensus. August sales of $6.10
billion, an increase of 7.8% from $5.66 billion for the same month in 2010.
August pharmacy sales increased 7.6%, while comparable pharmacy sales increased
6.1%. Total front-end sales increased 6.8% in August, while comparable store
front-end sales increased 4.8%.






