Walgreens Booted To The Curb
The problems at Walgreens Boots Alliance continue, with the pharmacy chain’s investors’ biggest fear coming true today. 😱
Starting with the positives, second-quarter adjusted earnings per share of $0.66 and revenues of $36.70 billion topped expectations of $0.62 and $34.90 billion. While earnings were about half what they were last year, investors were happy to see some progress in earnings stabilizing in a challenging environment. 🔺