Walgreens Beats Earnings Expectations After Omicron-Fueled Demand for Tests and Boosters Lifted Sales

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Walgreens, which saw strong sales during the winter quarter, maintained its outlook for the year.

Walgreens Boots Alliance beat expectations for fiscal second-quarter earnings due to customers turning to its stores and website for Covid tests and vaccines during the omicron variant wave.Walgreens said same-store sales for retail in the U.S. jumped 14.7% in the three-month period compared with the year-ago period, the largest gain in 20 years.

The drugstore chain reiterated its outlook for the year. It has said that adjusted earnings per share will grow in the low single digits.app.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines