| Business Summary | | Walgreen
Company
is
a
drugstore
retailer
that,
as
of
November
30,
2000,
served
customers
in
43
states
and
Puerto
Rico
through
3,259
retail
drugstores
and
three
mail
service
facilities.
The
Company's
Website,
www.walgreens.com,
provides
service
and
information
to
Internet
customers.
The
Company
expects
to
open
500
new
stores
in
fiscal
2001
and
have
a
total
of
6,000
drugstores
by
the
year
2010.
The
drugstores
are
engaged
in
the
retail
sale
of
prescription
and
non-prescription
drugs,
and
carry
additional
product
lines
such
as
general
merchandise,
cosmetics,
toiletries,
household
items,
food
and
beverages.
Customer
prescription
purchases
can
be
made
at
the
drugstores
as
well
as
through
the
mail,
telephone
and
the
Internet. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Walgreen
Company
is
principally
engaged
in
the
retail
drugstore
business.
As
of
5/01,
the
Company
operated
3,424
retail
drugstores
and
two
mail
service
facilities
in
39
states
and
Puerto
Rico.
For
the
nine
months
ended
5/01,
sales
rose
16%
to
$18.34
billion.
Net
income
rose
19%
to
$668.7
million.
Revenues
reflect
higher
comparable
store
sales
and
the
opening
of
new
stores.
Net
income
also
reflects
lower
headquarters
and
advertising
expenses
and
a
$22.1
million
litigation
settlement
gain. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| L. Daniel Jorndt, 59 CEO
and Chairman | $2.5M | -- | David Bernauer, 56 Pres
and COO | 1.3M | $1.6M | Roger Polark, 52 CFO,
Sr. VP | -- | -- | Jeffrey Rein, 48 Exec.
VP of Marketing | -- | -- | Jerome Karlin, 58 Exec.
VP | 851K | 619K | Dollar amounts are as of 31-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|