Fair
42°
Crystal Lake, IL
Fair|Forecast »

Key Walgreen revenue metric slips

Revenue from established stores slipped last month for Walgreen Co., as generic drugs once again chipped away at the drugstore chain’s top line.

The Deerfield company said Tuesday that revenue from stores open at least a year fell 0.6 percent in February. Pharmacy revenue came in flat even though prescriptions filled at those stores climbed 6.5 percent. Revenue from the front-end, or rest of the store, fell 1.4 percent.

Revenue from stores open at least a year is considered a key indicator of retailer health because it leaves out results from locations that have opened or closed in the last year.

Story Archived

Only the most recent 7 days of articles are available for free. For articles older than 7 days there is a small fee for retrieval from our archive. If you are a registered member of the site, the content is free just by signing in below.

Please sign in with your Comment Member ID and password.

Did you purchase access?

Member ID:
Password:
Forgot Your Password?
Register to comment.

Purchase Access
To allow for flexibility, we offer a variety of options for purchasing articles:
Purchase options


Having trouble?

If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at archivedesk@shawmedia.com


Reader Poll

How concerned are you about the overuse of antibiotics?

Very
Somewhat
Not at all