Walgreens 2007 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2007 Walgreens annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 40

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40

About the Cover
Eight-year-old Reyanna James
(left)
and her family in Evanston,
Illinois, appreciate the counseling services offered by pharmacy
managers like Michael Karnes
(right)
. Healthcare professionals at
many Walgreens also provide immunizations, in-store health clinic
services, compounded drugs and easier access to home infusion
and specialty pharmacy medications. Beyond pharmacy,
the James family visits Walgreens once or twice a week to
pick up snacks and cosmetics or use our digital photo kiosk.
•Walgreens is one of the fastest growing retailers
in the United States and led the chain drugstore
industry in retail sales and profits last year.
•We opened 536 net new stores for a total of 5,997
Walgreens in 48 states and Puerto Rico.
•We filled 583 million prescriptions – 16.7 percent
of the U.S. retail market. Pharmacy is nearly
two-thirds of the company’s sales revenues.
•Our drugstores serve 5 million customers daily
and average $8.9 million in annual sales per store.
That’s $797 per square foot, among the highest
in the drugstore industry.
•Walgreens has 226,000 employees and added
approximately 25,000 jobs in fiscal 2007.
•This is the 32nd consecutive year we’ve raised
our quarterly dividend, which we’ve paid in every
quarter since 1933.
•On August 31, 1997, 100 shares of Walgreen stock
sold for $2,694. Ten years later, on August 31, 2007,
those 100 shares, having split once, were 200 shares
worth $9,014.
•Walgreens has been listed on Fortune magazine’s
Most Admired Companies in America list for the last
14 consecutive years, and is ranked 44th on the
Fortune 500 list of the largest U.S.-based companies.
•Walgreens was one of 21 companies profiled in
Fast Company magazine for its success in driving
environmental quality, social equality and the
health and wealth of customers and employees.
•Walgreens.com was ranked the leading online
drugstore by HealthRatings.org, a joint project
between Consumer Reports and the Health
Improvement Institute.
We will treat each other with respect and dignity and do the same for all we serve.
We will offer employees of all backgrounds a place to build careers.
We will provide the most convenient access
to healthcare services and consumer goods in America.
We will earn the trust of our customers and build shareholder value.
Walgreens Mission Statement
2007 Highlights