Walgreens Reports 5.6% Surge In May Same-Store Sales

Walgreens Company WAG reported a 5.6% rise in its May same-store sales on Friday. Walgreens total May sales jumped 7% to $6.08 billion. Analysts were expecting same-store sales to increase 4.9%. Walgreens' total front-end sales surged 5.5% in May, while comparable store front-end sales climbed 3.6%. Walgreens' May pharmacy sales surged 7.8%, while comparable pharmacy sales rose 6.7%. Walgreens' shares fell 0.23% to close at $43.22 yesterday. Read more from Benzinga's Company news.