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walgreen 2007 Annual Report
The annual report summarizes Walgreens' performance in fiscal year 2007. Some key points: - Walgreens opened 536 new stores, bringing its total to 5,997 locations across 48 states and Puerto Rico. - The company filled 583 million prescriptions, accounting for nearly two-thirds of sales. - Net earnings grew 16.6% to $2.04 billion, though fourth quarter earnings declined 3.8% due to higher costs. - Looking ahead, management plans to better manage expenses in relation to gross profits.
