Walgreens 2009 Annual Report Download - page 2

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2009 2008 2007 2006 2005
Locations
Openings
New Locations 602 608 501 475 436
Acquisitions 89 423 120 95 4
Closings 129 94 85 94 68
Net Openings 562 937 536 476 372
Locations (1) 7,496 6,934 5,997 5,461 4,985
Sales Area (2) 78,782 72,585 66,386 60,795 55,385
Product Class Sales
Prescription Drugs 65% 65% 65% 64% 64%
Non-prescription Drugs (3) 10% 10% 10% 11% 11%
General Merchandise (3) 25% 25% 25% 25% 25%
(1) Includes drugstores, in-store and worksite health centers, home care facilities, specialty pharmacies and mail service facilities.
(2) In thousands of square feet.
(3) Based on store scanning information.
Company Highlights
2009 2008 Increase (decrease)
Net Sales $63,335 $59,034 7.3%
Net Earnings $ 2,006 $ 2,157 (7.0)%
Net Earnings per Common Share (diluted) $ 2.02 $ 2.17 (6.9)%
Shareholders’ Equity $ 14,376 $ 12,869 11.7%
Return on Average Shareholders’ Equity 14.7% 18.0%
Closing Stock Price per Common Share $ 33.88 $ 36.43
Total Market Value of Common Stock $ 33,492 $ 36,036
Dividends Declared per Common Share $ .48 $.40
Average Shares Outstanding (diluted) 991 996
Financial Highlights
For the years ended August 31, 2009 and 2008 (In millions, except per share amounts)
Walgreens Fiscal Year Stock Performance
Fiscal year-end closing price per share in dollars
About the cover
Lyman and Sofia Lai (center) spend
aSunday afternoon with grandsons
Nicholas (left) and Brian Chew at
Golden Gate Park in San Francisco.
Sofia relies on her local Walgreen
pharmacist, Kelvin Kwok, to explain
her doctor’s instructions on how
to take her medications. Kelvin,
who speaks fluent Cantonese, is a
valuable and accessible health care
resource for non-English speaking
patients in the Chinese community
near his pharmacy.