DEERFIELD, Ill. (AP) — Drugstore operator Walgreen Co. said Wednesday a key measure of revenue rose in April, but the growth was slightly below Wall Street expectations.

Walgreen, based in Deerfield, Ill., said revenue at stores open at least a year rose 3.4 percent in April. But analysts surveyed by Thomson Reuters expected, on average, that revenue at those stores had risen 3.6 percent.

Revenue at stores open at least a year is a closely watched gauge of retail health because it leaves out results from stores that have opened, closed or been acquired within the past year.

Walgreen said pharmacy revenue at stores open at least a year rose 1.8 percent, below analysts' estimate of 2.4 percent. The company said the results were hurt by 1.9 percentage points because of a calendar shift and the move of the allergy drug Allegra from prescription to over-the-counter.

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