DuPont - Bed Bath & Beyond Inc. - Lowe's Companies, Inc. - Whole Foods Market, Inc. - Laidlaw International Inc
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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 38
Company Information
Name: Walgreen Company
Industry: Retail (Drugs)
Description: Walgreen Co. is the nation's largest drugstore chain with fiscal 2003 sales of $32.5 billion. The company operates 4,313 stores in 44 states and Puerto Rico, including 361 in California, and plans to open 450 new stores in fiscal 2004. The company also operates Walgreens Health Initiatives, which provides pharmacy benefits management, mail service prescriptions and other clinical services.
Financial Summary: Walgreen Company is principally engaged in the retail drugstore business. As of 8/03, WAG operated 4,224 retail drugstores and three mail service facilities in 44 states & Puerto Rico. For the FY ended 8/31/05, net sales rose 13% to $42.2B. Net income rose 16% to $1.56B. Revenues reflect higher comparable store and prescription sales and new store openings. Net income also reflects higher generic drug utilization and better purchasing terms.
Business Summary: Walgreen Company's primary business is the operation of retail drugstores. The Company is a drugstore chain in the United States with stores located in 44 states and Puerto Rico. During the fiscal year ended August 31, 2004 (fiscal 2004), the Company opened 436 stores. In fiscal 2004, Walgreen had 4,579 stores and three mail service facilities. To support store expansion, the Company opened four distribution centers in the past three years, the most recent in Moreno Valley, California, in fiscal 2004. In November 2003, Walgreen's pharmacy benefit manager (PBM) introduced Advantage90, a 90-day retail prescription option to mandatory mail programs.
Misc Details
Symbol: WAG
City: Deerfield
State: IL
ZIP Code: 60015
Address: 200 Wilmot Road
Phone: 847-940-2500
Fax: 847-914-2654
Website: http://www.walgreens.com
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