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 CHICAGO (AP) - Drugstore Walgreen Co. said Monday that an increase in prescription sales, especially among profitable generic medications, helped its third-quarter profit climb nearly 20 percent.
The nation's biggest pharmacy chain by revenue reported a profit of $561.2 million, or 56 cents per share, in the quarter that ended May 31. During the same period last year, the Deerfield-based company posted earnings of $469.2 million, or 46 cents per share.
Meanwhile, the company said Monday that it added 129 new stores during the quarter, and was on pace to open nearly 500 stores during the 2007 fiscal year.
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