Walgreen 1Q profit falls 10 percent on store costs (AP)

In this June 23, 2008 file photo, pedestrians walk past a downtown Chicago Walgreens store. Drugstore operator Walgreen Co. said Monday, Dec. 22, 2008, its profit fell 10 percent in the fiscal first quarter because of costs to open more than 200 new stores.  (AP Photo/Russel A. Daniels, file)AP – Drugstore operator Walgreen Co. said Monday its profit fell 10 percent in its fiscal first quarter, short of Wall Street expectations, because of costs opening more than 200 new stores.

Leave a Reply