UPDATE 1-Walgreen October sales up a bit more than expected - News

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UPDATE 1-Walgreen October sales up a bit more than expected

By: AFX | 03 Nov 2009 | 08:38 AM ET

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CHICAGO, Nov 3 (Reuters) - Walgreen Co said October sales at stores open at least a year rose 4.9 percent, with flu vaccinations driving some of the growth and sales of general merchandise topping expectations. Pharmacy same-store sales rose 5 percent. The company said 1 percentage point of growth came from seasonal flu shots. Sales of general merchandise, sold at the front-end of stores, rose 4.7 percent. Analysts, on average, expected Walgreen's same-store sales to rise 4.8 percent, with a 6 percent jump in pharmacy and a 2.5 percent rise in the front end, according to Thomson Reuters data. (Reporting by Jessica Wohl, editing by Dave Zimmerman) ((jessica.wohl@thomsonreuters.com +1 312 408 8132; Reuters Messaging: jessica.wohl.reuters.com@reuters.net;)) Keywords: WALGREEN/ (See http://blogs.reuters.com/shop-talk/ for Shop Talk -- Reuters' retail and consumer blog.) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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