(Reuters) - Analysts, on average, expected the Deerfield, Illinois-based chain to earn 53 cents per share, according to Reuters Estimates.
Walgreen has expanded at a rapid clip, mostly by opening new stores and also by buying small companies. It operated 5,751 stores as of May 31, up from 5,251 a year earlier, and aims to have more than 7,000 stores in 2010. Rival CVS/Caremark Corp. had 6,168 stores as of May 26.
Read more at Reuters.com Business News
Walgreen has expanded at a rapid clip, mostly by opening new stores and also by buying small companies. It operated 5,751 stores as of May 31, up from 5,251 a year earlier, and aims to have more than 7,000 stores in 2010. Rival CVS/Caremark Corp. had 6,168 stores as of May 26.
Read more at Reuters.com Business News
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