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Market Updates

Walgreens Boots Alliance Inc. gained 0.8% to $11.40 after the pharmacy retailer reported results for the fiscal third quarter ending on May 31.

Sales edged up to $38.99 billion from $36.35 billion, net income swung to a loss of $175 million from a profit of $344 million, and diluted earnings per share swung to a loss of 20 cents from a profit of 40 cents a year ago.

Operating income in the third quarter was $53 million, compared to $111 million, and adjusted earnings per share was 38 cents, compared to 63 cents a year earlier, respectively.

“Results reflect continued improvement in our U.S. healthcare segment and benefits from our cost-savings initiatives, while we continued to see weakness in our U.S. front-end sales,” the company said in a release to investors.


26 Jun, 2025

     

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