Walgreens February Sales Up 5.0%; Comps. Up 4.5% - Quick Facts

(RTTNews) - Walgreens (WAG) reported February sales of $6.05 billion, an increase of 5.0 percent from $5.76 billion for the same month in fiscal 2013. Sales in comparable stores increased by 4.5 percent in February. The company said Generic drug introductions in the last 12 months negatively impacted total comparable sales by 0.9 percentage point, while the lower incidence of flu negatively impacted total comparable sales by 0.4 percentage point.

Total front-end sales increased 3.0 percent compared with the same month in fiscal 2013, while comparable store front-end sales increased 2.0 percent. February pharmacy sales increased by 6.7 percent, while comparable store pharmacy sales increased 6.1 percent.

Total sales for the second quarter of fiscal 2014, which ended Feb. 28, were $19.61 billion, up 5.2 percent from $18.65 billion in last year's quarter. Comparable store sales for the second quarter of fiscal 2014 increased 4.5 percent, while front-end comparable store sales for the quarter increased 2.0 percent. Comparable pharmacy sales increased 6.1 percent.