Walgreen Prescriptions Hit Record as Earnings Beat Estimates
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Walgreen Co., the largest U.S. drugstore chain by revenue, beat analysts’ expectations after the company said it filled more prescriptions at its retail pharmacies than ever before.
First-quarter sales rose 6.7 percent to $19.6 billion as customers filled a record 222 million prescriptions, 4.3 percent more than a year ago, the Deerfield, Illinois-based company said in a statement today. Pharmacy sales accounted for about two-thirds of revenue in the quarter.