Wednesday, January 8, 2020

Walgreens Earnings Worse Than Expected; Dow Jones Stock Tumbles

Investor's Business Daily
Dow Jones stock Walgreens Boots Alliance reported fiscal first-quarter earnings that fell more than expected. Walgreens stock sold off early Wednesday.

Walgreens earnings fell to $1.37 a share while revenue climbed 1.6% to $34.34 billion. U.S. retail pharmacy same-store climbed 2.5%. Overseas pharmacy comps slid 3%, or 0.6% excluding currency effects.. . . more