Walgreens 2009 Annual Report Download - page 39

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2009 Walgreens Annual Report Page 37
Summary of Quarterly Results (Unaudited) Quarter Ended
(In millions, except per share amounts) November February May August Fiscal Year
Fiscal 2009 Net sales $ 14,947 $ 16,475 $ 16,210 $15,703 $ 63,335
Gross profit 4,151 4,657 4,459 4,346 17,613
Net earnings 408 640 522 436 2,006
Per Common Share – Basic $ .41 $ .65 $ .53 $ .44 $ 2.03
– Diluted .41 .65 .53 .44 2.02
Cash Dividends Declared Per Common Share $ .1125 $ .1125 $ .1125 $ .1375 $ .4750
Fiscal 2008 Net sales $14,028 $ 15,394 $15,015 $14,597 $59,034
Gross profit 3,921 4,442 4,245 4,035 16,643
Net earnings 456 686 572 443 2,157
Per Common Share – Basic $ .46 $ .69 $ .58 $ .45 $ 2.18
– Diluted .46 .69 .58 .45 2.17
Cash Dividends Declared Per Common Share $ .0950 $ .0950 $ .0950 $ .1125 $ .3975
COMMENTS ON QUARTERLY RESULTS: Included in fourth quarter 2008 net earnings is an adjustment decreasing selling, general
and administrative expenses by $79 million, which corrected for historically over-accruing the Company’s vacation liability.
Common Stock Prices
Quarter Ended
Below is the Consolidated Transaction Reporting System
high and low sales price for each quarter of fiscal 2009 and 2008. November February May August Fiscal Year
Fiscal 2009 High $36.04 $27.81 $31.27 $33.88 $36.04
Low 21.03 22.78 21.32 28.57 21.03
Fiscal 2008 High $47.93 $39.02 $38.93 $37.27 $47.93
Low 36.59 33.01 34.85 31.39 31.39
2004 2005 2006 2007 2008 2009
Walgreen Co. $100.00 $127.75 $137.21 $125.95 $102.91 $ 97.35
S&P 500 Index 100.00 112.56 122.56 141.11 125.38 102.50
Value Line Pharmacy Services Industry Index 100.00 140.35 161.23 174.56 169.21 168.98
Comparison of Five-Year Cumulative Total Return
The following graph compares the five-year cumulative total returnof the Company’scommon stock with the S&P 500 Index
and the Value Line Pharmacy Services IndustryIndex. The graph assumes a $100 investment made August 31, 2004,
and the reinvestment of all dividends.
Value of Investment at August 31,
Source: Standard &Poor’s