WALGREEN_2010 - 2010 Annual Report My Walgreens Theres a...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2010 Annual Report My Walgreens Theres a way to live well for everyone in America My Walgreens About the Cover Jared Kitch (center), in Gilbert, Arizona, was diagnosed with multiple sclerosis two years ago. Since then, he has received monthly packages from the Walgreens specialty pharmacy in Portland, Oregon, with medication and equipment for his daily self-injections. Walgreens makes it so easy for me, that I dont have to worry about anything, says Jared. The patient care coordinators are great at handling all the paperwork and making sure I get my medications on time. By providing solutions to help Jared manage his condition, Walgreens gives him more time to spend with his family and focus on his job as information technology manager for a Phoenix law firm. 2010 Milestones Walgreens is the nations largest drugstore chain, with fiscal 2010 sales of $67 billion. The Company has 244,000 employees. This is the Companys 36th consecutive year of record sales. Its also the 35th consecutive year Walgreens has raised its quarterly dividend paid every quarter since 1933. The Company returned $2.2 billion to shareholders in the fiscal year in the form of dividends and share repurchases. Walgreens was named to Fortune magazines list of Most Admired Companies in America for the 17th consecutive year, and was ranked 32nd on the Fortune 500 list of the largest U.S.-based companies. The Company acquired 258 Duane Reade stores across the New York City metropolitan area. Other acquisitions included 12 Eaton Apothecary pharmacies in the Boston area; 25 Snyders Drug Stores in Minnesota; and 17 Ikes and Super-D drugstores in the Memphis area. Walgreens 200910 seasonal flu shot campaign was named the best corporate campaign by the National Influenza Vaccine Summit. Walgreens and Take Care Clinics provided 5.4 million seasonal flu shots and 2 million H1N1 vaccinations. The Company launched the Walgreens Optimal Wellness program, a self-care educational program for patients with chronic medical conditions. The program is initially focusing on type 2 diabetes. Fast Company magazine ranked Walgreens as the 6th most innovative health care company for leadership in health care services. 2010 Walgreens Annual Report Page 1 Walgreens Fiscal Year Stock Performance Fiscal year-end closing price per share in dollars 10 09 08 07 06 05 04 03 02 01 50 40 30 20 10 2010 2009 Increase Net Sales $ 67,420 $ 63,335 6.4% Net Earnings $ 2,091 $ 2,006 4.2% Net Earnings per Common Share (diluted) $ 2.12 $ 2.02 5.0% Shareholders Equity $ 14,400 $ 14,376 0.2% Return on Average Shareholders Equity 14.5% 14.7% Closing Stock Price per Common Share $ 26.88 $ 33.88 Total Market Value of Common Stock $ 25,230 $ 33,492 Dividends Declared per Common Share $ .5875 $ .4750 Average Shares Outstanding (diluted) 988 991 Financial Highlights For the years ended August 31, 2010 and 2009 (In millions, except per share amounts)...
View Full Document

Page1 / 44

WALGREEN_2010 - 2010 Annual Report My Walgreens Theres a...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online