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Late Easter Boosts Walgreens’ April Sales

For the month of April, Walgreens sales increased 8.8% to $6.49 billion year over year. Total front-end sales, including general merchandise such as home goods, increased 8.8% versus April 2013, the retailer reported, while comparable store front-end sales gained 8.2%.

Customer traffic in comparable stores increased 2.6% and basket size gained 5.6%, according to the company, which added that results benefitted from an April 20 date for Easter in 2014 compared with March 31 last year.

In the combined March/April period, comparable store front-end sales increased by 2.1% with customer traffic in comparable stores down 0.9% and basket size up 3%, the company noted.

Overall store comps increased by 7.6% in April, Walgreens maintained. Taken together, sales for March and April advanced 6.6% from the two months in 2013 with comps for the combined period up 5.5% year over year.

April pharmacy sales increased by 9.2%, the company related.

Walgreens opened eight stores in April, it asserted, including two relocations, while acquiring six stores and closing two. As of April 30, Walgreens operated 8,699 locations in all 50 of the United States, the District of Columbia, Puerto Rico, Guam and the U.S. Virgin Islands, including 8,231 drugstores, 145 more than a year ago, it stated.