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Walgreens April sales up 3.4%
Deerfield, Ill. -- Walgreens said its same-store sales rose 3.4% in April. But analysts surveyed by Thomson Reuters expected, on average, that revenue at those stores had risen 3.6%.
Walgreen said pharmacy comp-store sales were up 1.8%, below analysts' estimate of 2.4%. The company said the results were hurt by 1.9 percentage points because of a calendar shift and the move of the allergy drug Allegra from prescription to over-the-counter status.