Story perspectives
Walgreens Shares Surge 27.5%, But Yearly Losses Loom
1/13/2025
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Story summary
- Walgreens Boots Alliance shares jumped 27.5% on January 10, 2024, yet are down 64% year-over-year.
- The company reported adjusted earnings of $0.51 per share, surpassing the $0.40 estimate by analysts.
- U.S. retail pharmacy sales rose 6.6%, but profit margins decreased to 1.3%.
- The U.S. healthcare segment incurred a $325 million loss, prompting dividend concerns.
- Analysts advise caution due to competition from integrated pharmacy benefits managers.
