A 24 per cent jump in same store sales at Boots helped its US owner, Walgreen Boots Alliance, deliver better than expected results. Photograph: iStockPharmacy chain Walgreens Boots Alliance posted a 76 per cent fall in quarterly profit on Thursday, partly due to its $683 million opioid settlement with the state of Florida.
Shares of the second-biggest US drugstore retailer by store count were down 2 per cent in premarket trading after the company maintained its full-year profit forecast. On Tuesday, it abandoned plans to sell Boots, citing lack of adequate third-party offers as well as ongoing strong performance in its UK business after putting the unit up for sale in January.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dalata’s share price in retreat in spite of strong demandCantillon: Amid all the political rumblings and anecdotal evidence around hotel room rates, the State’s biggest hotel chain put some factual numbers into the market on Wednesday
Source: IrishTimesBiz - 🏆 6. / 77 Read more »
Lowry the headline act as he leads strong home challenge in Irish OpenLowry aiming to convert good form this season into victory at Irish Open A headline act that wasn’t shown on television
Source: IrishTimesSport - 🏆 2. / 99 Read more »
Why I’m Following Brené Brown’s Advice to Her Teenage Daughter: Strong back, soft front, wild heart - The Gloss MagazineThey need to be themselves - not who we think they should be. Kate O’Brien offers advice to help guide teenagers through uncertain times
Source: TheGlossMag - 🏆 9. / 68 Read more »
Walgreens halts sale of Boots chain citing tougher financial conditionsOwner of UK pharmacy and beauty group blames market turmoil for bids below its expectations
Source: IrishTimesBiz - 🏆 6. / 77 Read more »
EY US agrees record €95m US settlement over ethics exam cheatingSEC alleges ‘breaches of trust’ involving dozens of employees at Big Four audit firm
Source: IrishTimesBiz - 🏆 6. / 77 Read more »
Arkle swings to pre-tax profit in 2021 but warns of higher pricesArkle swings to pre-tax profit in 2021 but warns of higher prices via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »