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Walgreens Boots Alliance Cuts Higher End Of 2024 Profit Outlook, Takes $5.8B Impairment Charge Related To VillageMD Business [Yahoo! Finance]

Walgreens Boots Alliance, Inc. (WBA)  More Company Research Source: Yahoo! Finance
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Adjusted operating income was $900 million, a decrease of 26.5% on a constant currency basis, reflecting lower sale-leaseback gains and softer U.S. retail performance, partly offset by improved profitability in the U.S. Healthcare segment Adjusted EPS increased 3.4% to $1.20, up 2.8% on a constant currency basis, reflecting a lower adjusted effective tax rate and improved profitability in U.S. Healthcare, beating the consensus of $0.82, according to data from Benzinga Pro During the quarter, the company took a $5.8 billion impairment charge related to its VillageMD business. Walgreens increased its stake in VillageMD in 2021 to 63% from 30% by investing $5.2 billion in the company The U.S. Retail Pharmacy segment had second-quarter sales of $28.9 billion, an increase of 4.7% from the year-ago quarter. Comparable sales increased 4.8% from the year-ago quarter. Pharmacy sales increased 8.2% Y/Y. Comparable pharmacy sales increased 8.7%, benefiting from higher branded drug infla [Read more]

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Stockreport

Walgreens Boots Alliance Cuts Higher End Of 2024 Profit Outlook, Takes $5.8B Impairment Charge Related To VillageMD Business [Yahoo! Finance]

Walgreens Boots Alliance, Inc.  (WBA) 
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Adjusted operating income was $900 million, a decrease of 26.5% on a constant currency basis, reflecting lower sale-leaseback gains and softer U.S. retail performance, partly offset by improved profitability in the U.S. Healthcare segment Adjusted EPS increased 3.4% to $1.20, up 2.8% on a constant currency basis, reflecting a lower adjusted effective tax rate and improved profitability in U.S. Healthcare, beating the consensus of $0.82, according to data from Benzinga Pro During the quarter, the company took a $5.8 billion impairment charge related to its VillageMD business. Walgreens increased its stake in VillageMD in 2021 to 63% from 30% by investing $5.2 billion in the company The U.S. Retail Pharmacy segment had second-quarter sales of $28.9 billion, an increase of 4.7% from the year-ago quarter. Comparable sales increased 4.8% from the year-ago quarter. Pharmacy sales increased 8.2% Y/Y. Comparable pharmacy sales increased 8.7%, benefiting from higher branded drug infla [Read more]

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WBA
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