Walgreens posted April sales of $6 billion, an increase of 3.8% as compared to the same month in fiscal 2012. Total front-end sales decreased 2.9%, while comparable store front-end sales decreased 4.3%.
Walgreens’ stock was trading up 30 cents to $43.03 on the New York Stock Exchange mid-morning on Wednesday thanks to favorable same-store sales growth of 4.8% for the month of June versus an analyst consensus estimate of 2.8%.
