Walgreen’s Net Up on New Store Openings
From Bloomberg News
Walgreen Co., the largest U.S. drugstore chain, said fiscal second-quarter earnings rose 14% as the company added stores and increased sales of generic drugs.
Net income increased to $370.9 million, or 36 cents a share, from $326.6 million, or 32 cents, a year earlier, Walgreen said. Sales rose 13% to $8.45 billion.
Shares of Deerfield, Ill.-based Walgreen fell $1.32 to $30.50 on the NYSE.
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