Walgreens posts Q2 revenue at $33B, up 5% YoY

Wednesday, 31. March 2021 13:16

Walgreens Boots Alliance Inc. reported on Wednesday its revenue in the second quarter of 2021 grew 4% year-over-year to $32.8 billion. Operating income fell 27% per annum to $832 million, while net earnings rose 8% to $1.03 billion or $1.19 per share.

Per segment, the company said its business in the United States saw only a marginal increase in sales to land at $27.3 billion. Total prescriptions filled were down 3% while pharmacy sales rose 3%. International sales jumped 33% to $5.4 billion.

"Overall, we have achieved a good financial quarter with results well ahead of expectations, despite significant impacts from COVID-19, and we have raised our full-year EPS guidance. I am optimistic about our ability to drive sustainable, long-term value for our shareholders, while acknowledging that there is still work to be done to stabilize our base business," CEO Rosalind Brewer said in the press release.

Related Links: Walgreens Boots Alliance Inc.
Author:
Breaking the News / MD