A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.
Walgreens on Thursday reported fiscal second-quarter sales that beat Wall Street's expectations, but lowered the high end of its full-year adjusted earnings outlook in part due to a "challenging" retail environment in the U.S.
Analysts surveyed by LSEG expect full-year adjusted earnings of $3.24 per share.
Walgreens has not provided that guidance since October, when it said it sees $141 billion to $145 billion in sales.
aExcluding certain items, including the $5.8 billion non-cash charge related VillageMD, adjusted earnings per share were $1.20 for the quarter.
Persons:
Manmohan Mahajan, Tim Wentworth, Mahajan, Wentworth
Organizations:
Walgreens, Walgreens Boots Alliance, Inc, U.S, LSEG
Locations:
Manhattan , New York City, U.S