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Walgreens' stock tumbles after profit miss and slashed guidance, as challenges accelerated
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Net income fell to $1.16 billion, or $1.24 a share, from $1.35 billion, or $1.36 a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS declined 5.4% to $1.64, below the FactSet consensus of $1.72. Sales rose 4.6% to $34.53 billion, just shy of the FactSet consensus of $34.58 billion, as retail pharmacy sales in the U.S. and international were in line with expectations and pharmaceutical wholesale sales missed.
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https://www.marketwatch.com/story/walgre...latestnews
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Net income fell to $1.16 billion, or $1.24 a share, from $1.35 billion, or $1.36 a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS declined 5.4% to $1.64, below the FactSet consensus of $1.72. Sales rose 4.6% to $34.53 billion, just shy of the FactSet consensus of $34.58 billion, as retail pharmacy sales in the U.S. and international were in line with expectations and pharmaceutical wholesale sales missed.
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https://www.marketwatch.com/story/walgre...latestnews
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