Walgreens’ sales and profits beat Wall Street’s expectations
March 28, 2023
Walgreens reported a 3.3 percent gain in sales and adjusted earnings per share of $1.16, higher than the $1.10 consensus among analysts. The company benefited from its healthcare business, which posted $1.6 billion in revenues, up from $500 million a year earlier. Pharmacy sales declined 0.3 percent.
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