Categories AlphaGraphs, Earnings, Retail

Walgreens Boots Alliance (WBA) Earnings: Key financials and quarterly highlights

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) reported first quarter 2021 earnings results today.

Total sales increased 5.7% year-over-year to $36.3 billion. Sales rose 5.2% on a constant currency basis.

Net loss attributable to WBA was $308 million, or $0.36 per share, compared to earnings of $845 million, or $0.95 per share, reported a year ago. Adjusted EPS fell 11.2% to $1.22 versus last year.

For FY2021, Walgreens expects low single-digit growth in adjusted EPS at constant currency rates.

On Wednesday, Walgreens announced that it has agreed to sell the majority of its Alliance Healthcare businesses to AmerisourceBergen Corporation (NYSE: ABC) for approx. $6.5 billion. This deal will allow Walgreens to focus more on expanding its retail pharmacy businesses.

Prior performance

Walgreens Boots Alliance Q4 2020 earnings

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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