Walgreens August Comps Up 3.7% - Quick Facts

(RTTNews) - Walgreens (WAG) reported that comparable stores sales for the month of August 2014 increased by 3.7 percent. Calendar day shifts negatively impacted total comparable sales by 1.4 percentage points. Generic drug introductions in the last 12 months negatively impacted total comparable sales by 1.2 percentage points.

Monthly sales were $6.39 billion, an increase of 3.6 percent from $6.16 billion for the same month in fiscal 2013.

Total front-end sales increased 2.1 percent in August compared with the same month in fiscal 2013, while comparable store front-end sales increased 1.4 percent. Customer traffic in comparable stores decreased 1.7 percent while basket size increased 3.1 percent.

Total sales for the fourth quarter of fiscal 2014 were 19.06 billion, up 6.2 percent from 17.95 billion in last year's quarter. Comparable store sales for the fourth quarter of fiscal 2014 increased 5.6 percent, while front-end comparable store sales for the quarter increased 1.3 percent. Prescriptions filled at comparable stores increased 3.9 percent in the fourth quarter and comparable pharmacy sales increased 8.2 percent.