Walgreens (NASDAQ: WBA), a global retail and wholesale pharmacy leader, was featured in a recent analysis report that discussed reduced earnings as a result of decreased traffic to its locations. The report, written by LikeFolio Founder Andy Swan, reads, “Last quarter we warned traffic was waning at WBA locations. What happened? Fewer people going to the doctor (and needing prescriptions) negatively impacted Walgreens earnings. The stock fell ~9% after hours. Walgreens purchase intent mentions continue to slide, pacing -18% in last 30 days vs. prior year.”
About Walgreens Boots Alliance Inc.
Walgreens is a global leader in retail and wholesale pharmacy, touching millions of lives every day through dispensing and distributing medicines, its convenient retail locations, digital platforms and health and beauty products. The company has more than 100 years of trusted health care heritage and innovation in community pharmacy and pharmaceutical wholesaling. Including equity method investments, WBA has a presence in more than 25 countries, employs a staff of more than 440,000 and operates more than 18,750 stores. For more information, visit www.WalgreensBootsAlliance.com.
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