Walgreens (WAG) posted 3.8% higher April sales of $5.98 billion, compared with $5.76 billion a year ago, with comparable-store sales rising 1.2 percent for the same month. Calendar day shifts positively impacted total comparable sales by 2.2 percentage points, while generic drug introductions in the last year hurt total comparable sales by 2.6 percentage points, the company stated.
Total front-end sales slid 2.9 percent year-over-year, while comparable store front-end sales decreased 4.3 percent, and customer traffic in comparable stores were down 5.9 percent. However, basket size increased 1.6 percent.
Pharmacy sales in April climbed 7.3 percent, and comparable store pharmacy sales rose 4.7 percent and increased by a calendar day-shift adjusted 1.3 percent. Calendar day shifts positively impacted pharmacy sales in comparable stores by 3.4 percentage points, according to Walgreens.
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