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Walgreens Boots Alliance Posts 15.5% Rise In Quarterly Profit

Published on Jun 28 2018 2:29 PM in Retail tagged: Featured Post / Boots / Walgreens / pharmacy / Walgreens Boots Alliance / Rite Aid / Paywall / Stefano Pessina

Walgreens Boots Alliance Posts 15.5% Rise In Quarterly Profit

Walgreens Boots Alliance Inc has reported a 15.5% rise in quarterly profit, as sales in its pharmacy business rose, helped by its acquisition of Rite Aid stores.

Net income attributable to Walgreens rose to $1.34 billion, or $1.35 per share, in the third quarter ended May 31, from $1.16 billion, or $1.07 per share, last year.

The company also said it had authorised a $10 billion share repurchase programme

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