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Walgreens Reports October Sales Growth

11/2/2007

Deerfield, Ill., Walgreens reported October sales of $4.8 billion, up 11.8% from $4.3 billion for the same month the year before. Same-store sales rose 6.9%.

Pharmacy sales increased 12.9%, while comparable pharmacy sales increased 7.8%. Pharmacy sales accounted for 66.6% of total sales for the month. Meanwhile, comparable front-end sales increased 5.1% during October.

For the year-to-date, Walgreens reported sales of $45.2 billion, an increase of 11.9% from $40.4 billion in 2006.

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