Same-store sales rise 3.4% at Walgreen

Deerfield, Ill. Walgreen Co. said Thursday that same-store sales rose 3.4% in June, as a surge in pharmacy sales offset weak sales of seasonal items.

Pharmacy sales gained 5.8% last month despite the negative impact of new generic drug introductions. Meanwhile, same-store front-end sales dipped 0.9% as seasonal sales lagged.

For the fiscal year-to-date period, same-store sales rose 2.1%, while total sales gained 7.4% to $52.87 billion.