Shares of Walgreens Boots Alliance Inc. sank 6.1% toward an 11-year low in premarket trading Tuesday, after the drug store chain and health care services...
Shares of Walgreens Boots Alliance Inc. WBA sank 6.1% toward an 11-year low in premarket trading Tuesday, after the drug store chain and health care services company reported fiscal third-quarter profit that missed expectations and slashed its full-year outlook, citing “challenging consumer and macroeconomic conditions, and lower COVID-19 vaccine and testing volumes.
1% toward an 11-year low in premarket trading Tuesday, after the drug store chain and health care services company reported fiscal third-quarter profit that missed expectations and slashed its full-year outlook, citing “challenging consumer and macroeconomic conditions, and lower COVID-19 vaccine and testing volumes.” Net income for the quarter to May 31 fell to $118 million, or 14 cents a share, from $289 million, or 33 cents a share, in the year-ago period.
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