A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021.
Walgreens on Thursday reported fiscal third-quarter earnings that fell short of expectations and slashed its full-year adjusted profit outlook, citing a "challenging" environment for pharmacies and U.S. consumers.
Still, Walgreens topped revenue estimates for the quarter on strong performance in its health-care segment.
The company reported a net income of $344 million, or 40 cents per share, for the quarter.
The company has not offered that guidance since October, when it said it expected $141 billion to $145 billion in sales.
Persons:
Tim Wentworth, we've, Wentworth
Organizations:
Walgreens, Walgreens Boots Alliance, CNBC, LSEG
Locations:
Manhattan , New York City