Wednesday, March 28, 2018

Walgreens pharmacy business drives profit, sales beat


Walgreens, which has been focusing on its pharmacy business in the face of falling retail sales, added more than 20 million members through its partnership with pharmacy benefit managers such as Minnesota-based Prime Therapeutics.

This helped fill 9.1 percent more prescriptions in the quarter and drive a 5.1 percent rise in pharmacy same-store sales. Same-store sales at its retail business fell 2.7 percent.. . . more