Walgreens’ Q2 profits up 10%
March 20, 2011 – 1:19 pmWalgreen Co. reported a profit of $739 million, or 80 cents per diluted share, on revenues of $18.5 billion for its fiscal 2011 second quarter, which ended Feb. 28. That compares to a profit of $669 million, or 68 cents per diluted share, on revenues of $16.9 billion for the same quarter last year.
Walgreens (NYSE: WAG) operated 8,161 stores in all 50 states, the District of Columbia, Puerto Rico and Guam as of Feb. 28; there are 10 Walgreens stores in Hawaii, according to PBN research.
