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Walgreens' June sales beat analyst expectations

from Drug Store News

Walgreens' stock was trading up 30 cents to $43.03 on the New York Stock Exchange mid-morning thanks to favorable same-store sales growth of 4.8 percent for the month of June versus an analyst consensus estimate of 2.8 percent. Much of that sales growth can be traced to the front-end, as Walgreens posted 4.7 percent increased sales across comparable stores against tougher year-over-year comparisons. more

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