Walgreens sees lift in June comp sales
DEERFIELD, Ill. — Walgreens reported June sales of $5.8 billion, an increase of 2.5% from the same month in fiscal 2012.
June pharmacy sales increased by 2.9%, while comparable store pharmacy sales increased 3.3% and increased by a calendar day-shift adjusted 560 basis points. This year's June had one additional Sunday and one fewer Friday compared with June 2012, Walgreens reported. Calendar day-shift adjusted comparable store pharmacy sales were negatively impacted by 280 basis points due to generic drug introductions in the last 12 months.
Prescriptions filled at comparable stores increased by 5% in June and increased 7.3% on a calendar day-shift adjusted basis. Calendar shifts negatively impacted prescriptions filled at comparable stores by 230 basis points.
Pharmacy sales accounted for 64.3% of total sales for the month.
Total front-end sales increased 2.2%, while comparable store front-end sales increased 0.8%. Customer traffic in comparable stores decreased 2.9% while basket size increased 3.7%.
Sales in comparable stores increased by 2.3% in June. Calendar day shifts negatively impacted total comparable sales by 150 basis points, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 180 basis points.
Registrations for Walgreens Balance Rewards loyalty program, which launched in September, totaled more than 75 million through June.
Calendar 2013 sales to date were $35.9 billion, an increase of 2.4%.
Walgreens opened 10 stores during June, including four relocations, and closed four.