Walgreens Boots Alliance (WBA) Misses Q3 EPS by 8c, Lowers Guidance

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Walgreens Boots Alliance Reports Fiscal 2024 Third Quarter Results

June 27, 2024 7:00 AM EDT

Lowering Guidance in Continued Challenging Environment; Provides Strategic Update 

Third quarter financial highlights

Third quarter earnings per share (EPS)* was $0.40 compared to earnings per share of $0.14 in the year-ago quarter which included a non-cash impairment of pharmacy license intangible assets in Boots UK Adjusted EPS** was $0.63, down 36.6 percent on a constant currency basis compared to the year-ago quarter, including a $0.24 impact from lower sale-leaseback gains, a challenging U.S. retail environment, and recent pharmacy industry trends Third quarter sales increased 2.6 percent year-over-year to $36.4 billion, up 2.5 percent on a constant... More