Pure Beauty

Walgreens Boots Alliance posts double digit Q1 results amid $1bn cost cutting

Net earnings jumped 36% despite plans to reduce costs by the end of the year

You need to be a subscriber to read this article.
Click here to find out more.
Walgreens Boots Alliance posts double digit Q1 results amid bn cost cutting

Boots parent company and pharma giant, Walgreens Boots Alliance has announced net earnings of US$1.1bn for Q1 2019, a jump of 36.8% on the same quarter a year ago. Net earnings per share increased 45.7% to $1.18 for the same period.

Sales in the first quarter were $33.8bn, an increase of 9.9% from the year-ago quarter, and an increase of 11.4% on a constant currency basis, including the benefit from acquired Rite Aid stores.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.

You may also like