Summary Box: Walgreen says flu shots and product sales fell as flu season eased off

By AP
Tuesday, March 23, 2010

Summary Box: Walgreen flu shots and revenue fell

SHORTFALL: Drugstore chain Walgreen Co. said sales of flu, cough, and cold remedies were down in the fiscal second quarter, which hurt its revenue.

IT FLU AWAY: Just three months after the swine flu pandemic led to a surge in demand for flu shots and remedies, Walgreen said vaccinations fell sharply. The company gave almost 2 million flu shots in the second quarter — still more than it gave last flu season, but less than half its first-quarter total.

SHOPPERS STILL BUDGET CONSCIOUS: The company also said sales of discretionary items were down because of the weak economy.

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