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Walgreen Company

September 26, 2006 | From the Associated Press
Walgreen Co. posted 25% quarterly earnings growth to cap its biggest-ever expansion year, but its stock tumbled on continuing investor concern about fallout for drugstore chains from Wal-Mart Stores Inc.'s plan to sell discounted generic drugs. The profit gain was fueled by an 18% increase in prescription drug sales from a year earlier and a 16% jump in total revenue. Although the resulting $412.
June 24, 2008 | From the Associated Press
Drugstore chain Walgreen Co. said Monday that its fiscal third-quarter profit rose 2% as it focused on cost control and maintained a rapid expansion pace in a difficult retail environment. Despite the modest gain, the results were slightly short of Wall Street expectations and Walgreen shares fell back after initially climbing nearly 3%. Overall, however, analysts said the Deerfield, Ill.-based company's cost discipline and continued advances in a weak economy showed it had turned a corner after recent sluggishness.
January 30, 1998 | SYLVIA L. OLIANDE
Plans by Walgreen Co. to build a 24-hour drive-thru pharmacy in Canoga Park got a warm reception from members of Councilwoman Laura Chick's Neighborhood Planning Advisory Council. Although some members had concerns about lighting and the safety of drugstore employees during night hours, the panel overwhelmingly supported the project at a meeting Wednesday night, said Ken Bernstein, Chick's planning deputy.
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