The company reported net earnings of $455.5 million, or 46 cents a share, for the fiscal first quarter ended November 30, compared with $431.7 million, or 43 cents a share, a year earlier.
NEW YORK (Reuters) - Walgreen Co <WAG.N>, one of the largest U.S. drugstore operators, posted higher quarterly profit on Friday, helped by higher sales and cost controls.
The company reported net earnings of $455.5 million, or 46 cents a share, for the fiscal first quarter ended November 30, compared with $431.7 million, or 43 cents a share, a year earlier.
Sales rose 10.4 percent to $14.03 billion, with sales at stores open at least a year up 5.4 percent.
(Reporting by Martinne Geller; editing by John Wallace)
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