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Koji – Clint – Antonio – Jeannette – Rhodora – Brittany. Top Executive Compensation. Stephen Davis CEO & Chairman, Bob Evans Farms, Inc. William Foote Executive Chair & CEO, USG Corp. Mark Frissora CEO, Hertz Global Holdings, inc. Cordell Reed Corporate Secretary & Corporate Controller,
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Stephen Davis CEO & Chairman, Bob Evans Farms, Inc. William Foote Executive Chair & CEO, USG Corp. Mark Frissora CEO, Hertz Global Holdings, inc. Cordell Reed Corporate Secretary & Corporate Controller, National Home Centers, Inc. Nancy Schlichting President & CEO, Henry Ford Health System David Schwartz, CPA Senior Advisor, River Road Capital Partners Alejandro Silva President & CEO, Evans Food Group, Ltd. James Skinner Vice President & CEO, McDonald’s Corporation Marilou von Ferstel Executive V.P. & GM, Ogilvy, Adams & Rinehart, Inc. Charles Walgreen III Chairman Emeritus & Founder, Walgreen Co. Board of Directors • Walgreens officers • Greg Wasson, CEO • Non Employees / Officers
Ticker Symbol Shareholders of Record Stock is Traded WAG 94,722 NYSE NASDAQ as of Sep. 30, 2009
Key Items • October 30, 2008: announced initiatives to enhance shareholder value. • Reduce cost • Improve productivity • Reduce corporate overhead • Rationalize inventory categories • Realign pharmacy operations • $300M to $400M pre-tax costs anticipated over fiscal 2009 and 2010
Key Items • February 1, 2009 • Gregory D. Wasson became the President & Chief Executive Officer of Walgreens • August 31, 2009 • The company repurchased 4,500,000 shares of common stock in open market transactions • “2009 Repurchase Program” • Board of Directors approved a new stock repurchase program
Sales/Earnings • Year to Date Sales: $436 Million • Year to Date Earnings: $2.006 Million • Net Earnings per share: • 2009: $2.03 • 2008: $2.18
Important Matters • At the close of October, Walgreens operated 7,603 stores • Increased current & non-current assets by nearly 2.7 million dollars • Increased current & non current liabilities by only 415 thousand dollars
Important Matters • Fourth quarter sales increase 7.6 to a record 15.7 Billion Dollars • Fiscal 2009 sales reach record $63.3billion • Cash flow from operations for fiscal 2009 increased 35 percent to record $4.1 billion
Recommendation • By • Buy! • Bye!!!