Walgreen Co. (WAG) reported a decline in its second-quarter net earnings to $683 million or $0.78 per share from $739 million or $0.80 per share a year ago. On average, 23 analysts polled by Thomson Reuters expected earnings per share of $0.77 for the quarter. Analysts' estimates typically exclude one-time items.
The company said this year's results benefited from one extra day versus last year because of leap year. Compared with last year, the mild cough/cold and flu season impacted net earnings per share by 3 cents, while the effect of no longer being part of the Express Scripts, Inc. pharmacy provider network as of January 1, 2012, impacted results by 7 cents per share.
Quarterly sales went up 0.8 percent to $18.65 billion from prior-year quarter's $18.50 billion, whereas 20 analysts estimated revenues of $18.52 billion for the quarter. Front-end comparable store sales rose 2.1 percent in the second quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.