News Summary

Shares of Walgreen Co WAG dropped about 0.9% after the retailer reported a 3.8% rise in its February same-store sales. However, analysts were expecting a rise of 3.5% in same-store sales. WAG’s total February sales rose 7.8% to $5.73 billion.

Shares of Wendy's/Arby's Group Inc WEN gained about 2.1% after the company reported its Q4 net loss at $10.8 million, or $0.03 per share, versus a loss of $13.6 million, or $0.03 per share, in the year-ago quarter. Excluding one-time items, the company’s earnings came in at $0.01 per share. WEN’s sales dropped to $840.7 million from $900.9 million. However, analysts were expecting earnings of $0.00 per share on sales of $841.4 million.

Shares of Macy's Inc M rose about 1.7% after the retailer reported a 5.8% surge in its February same-store sales, versus the estimate of 3.7%. Macy’s total sales increased 5.9% to $1.77 billion. Macy's projected its same-store sales in the March-April period to rise by 3%.

Read more <a href="http://www.benzinga.com/markets">from Benzinga's Markets.</a>