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Walgreen Company Earnings Call, Second Quarter 2009
Author: Godwin Gwetu
123jump.com
Last Update: 9:28 AM ET March 25 2009


The Company reported first half earnings decline of 8.2% to $1.05 billion or $1.06 per share compared with the previous year’s $1.14 billion or $1.15 per share. The first half results include a negative impact of 7 cents per share in costs and 3 cents in savings associated with Rewiring for Growth. First half sales grew 6.8% to $31.4 billion and sales in comparable stores firmed 1.3% in Q2 while comparable store front-end sales dipped 1.2%.

 

 

 

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