Walgreens Boots Alliance Q2 Earnings Report

Walgreens Boots Alliance (NASDAQ:WBA) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.10 by 5.45 percent. This is a 27.04 percent decrease over earnings of $1.59 per share from the same period last year. The company reported quarterly sales of $34.86 billion which beat the analyst consensus estimate of $33.53 billion by 3.97 percent. This is a 3.28 percent increase over sales of $33.76 billion the same period last year. Adjusted operating income was $1.2 billion, down 25.4% on a constant currency basis, reflecting lower volumes of COVID-19 vaccinations and testing lapping the year-ago period's Omicron surge.