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Walgreen Profit Trails Analysts' Estimates

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - December 21, 08:38AM from (www.bloomberg.com)

Walgreen Co. (WAG), the largest U.S. drugstore chain, reported first-quarter profit that trailed analysts’ estimates after customers switched to rival drugstore chains.
Net income fell 4.5 percent to $554 million, or 63 cents a share, in the quarter ended Nov. 30, from $580 million, or 62 cents, a y...


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