Net earnings jumped 36% despite plans to reduce costs by the end of the year
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.. . .
This is a small extract of the full article which is available ONLY to premium content subscribers. Subscribers sign-in (top right) to read the article.
Subscribe now to premium content on Cosmetics Business