DEERFIELD, Ill. (AP) — Walgreen, the largest U.S. drugstore chain, said Thursday that its August sales fell 4.5 percent to $5.85 billion, partly because it was not a part of the Express Scripts pharmacy network. Its fourth-quarter revenue also missed Wall Street's view.
The company's stock slipped 39 cents, to $35.49 in morning trading. The shares have traded between $28.53 and $37.61 over the past year.
Walgreen Co. said that prescriptions filled at stores open at least a year declined 6.8 percent. Not being part of the Express Scripts Inc. pharmacy network hurt those prescriptions by 10.7 percentage points.
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