Walgreen same-store-sales came in at 5.6% - pretty decent. The increase was balanced - more people, more items, higher prices. Note that this is the first month where Duane Reade sales are included in the same-store base, as the acquisition closed over a year ago. The stock has held in fairly well since GS took them off their Focus list (but retained a Buy). The company reports 6/21, and I continue to like this name s.t. and longer-term (target is 56).
Comments
You can follow this conversation by subscribing to the comment feed for this post.