Walgreens same-store sales down 4.6% in January
Deerfield, Ill. -- Walgreens said its same-store sales in January fell 4.6% in the wake of its decision to stop doing business with a major pharmacy benefits manager. A weak flu season also figured into its results.
Walgreen stopped filling prescriptions for patients in the Express Scripts network on December 31, 2011. Pharmacy same-store sales were down 7.9% in January.