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-0.000454648783814574 -0.00566037735849062 -0.0188679245283018 -0.0311434416912934 -0.0504660150034098 -0.0441009320300068 -0.0427369856785634 -0.0404637417594908
Stock impact report

Walgreens dips after warning 'challenging' economy could dent bottom line [Seeking Alpha]

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
Company Research Source: Seeking Alpha
Sales increased 6.3% year-over-year to $37.1B, which was an increase of 5.7% on a constant currency basis. The sales gain was noted to reflect growth across all reporting segments. Adjusted net earnings increased 3.5% to $1.0B in FQ2, as lower adjusted operating income was more than offset by the lower adjusted effective tax rate compared to a year ago due to the recognition of deferred tax assets in foreign jurisdictions. EPS came in at $1.20 vs. $0.82 consensus and $1.16 a year ago. The drugstore chain it was encouraged by the continue topline growth in FQ2, the first quarter of U.S. Healthcare adjusted EBITDA coming in positive, and another quarter of strong execution in pharmacy. "As we continue to operate in a challenging retail environment, we are taking actions to focus on customer engagement and value," noted CEO Tim Wentworth. Looking ahead, Walgreens Boots Alliance ( WBA ) said it remains confident in its goal of achieving $1B in cost savings this year. The company als Show less Read more
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