Company Profile For Walgreen Co

Walgreen Co (WAG.N) (New York Stock Exchange)

sector: Non-Cyclical Consumer Goods & Services · industry: Retail - Drugs ·

As of 24 Nov 2009

39.40USD

Price Change

-0.02

Percent Change

-0.05%

Analyst Recommendations

Overview

Walgreen Co. (Walgreens) is engaged in retail drugstore business. As of August 31, 2009, the Company operated 7,496 locations in 50 states, the District of Columbia, Puerto Rico and Guam. During the fiscal year ended August 30, 2009 (fiscal 2009), the Company opened or acquired 691 locations. Total locations do not include 337 convenient care clinics operated by Take Care Health Systems, Inc. within the Company’s drugstores. The Company’s drugstores are engaged in the retail sale of prescription and non-prescription drugs and general merchandise. General merchandise includes, among other things, household items, personal care, convenience foods, beauty care, photofinishing, candy, and seasonal items. Walgreens offers customers the choice to have prescriptions filled at the drugstore counter, as well as through the mail, by telephone and through the Internet.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 August 2009, Walgreen Company's revenues increased 7% to $63.34B. Net income decreased 7% to $2.01B. Revenues reflect higher sales gains in existing stores. Net income was offset by an increase in cost of sales, a rise in selling, general & administrative expenses and an increase in interest expenses, net. Walgreen company is the second largest drugstore chain in the United States.