Walgreen profits hit by Express Scripts loss, lighter flu season

Deerfield, Ill.-based Walgreen Co. reported a nearly 8 percent decrease in net earnings for the second quarter, despite record sales.

Earnings for the period ended Feb. 29 were $683 million, or 78 cents per diluted share, down 7.7 percent from $739 million, or 80 cents per diluted share, in the same quarter a year ago.

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