Walgreen’s (WAG) Shares Down Despite Sales Rise

Despite the company’s announcement last Thursday that its same-store sales jumped 7.5% in June due to higher strength in its pharmacy segment, shares of Walgreen (WAG) continue to trade below their three month high of $76.08 reached on June 18. Overall sales in the nation’s largest drugstore jumped 8.9% y/y, to $6.28 billion. Last month, […] View the full post at: Walgreen’s (WAG) Shares Down Despite Sales Rise Related posts: September Retail Sales Top Expectations Pending Home Sales And Initial Jobless Claims Data The NAR on Existing Home Sales and Low Ball Appraisals