This morning, Walgreen (WAG) reported sales in August increased by 4.8% at stores open at least one year, easily topping estimates of just 2.9%. When broken down between pharmacy sales and front-end sales, the company saw a 6.4% gain from the pharmacy and a 2.2% gain from the front-end. Both of these figures also topped expectations. Shares of Walgreen were headed higher on the news, crossing above $50 per share in early trading.
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