Walgreens Boots Alliance Inc. stated its earnings rose for the contemporary quarter, with its function in administering Covid-19 vaccines carrying on with to help lift revenue.
The Deerfield, unwell., drugstore chain on Thursday pointed out it has provided 13.5 million vaccinations within the three months that ended Aug. 31. The business noted it has administered greater than 40 million Covid-19 vaccinations and more than sixteen million Covid-19 tests to this point.
The enterprise posted revenue of $34.26 billion for the fiscal fourth quarter, up from $30.37 billion in the same duration ultimate 12 months and surpassing Wall street estimates. profit rose to $627 million from $373 million in the similar duration ultimate year.
Adjusted revenue have been $1.17 a share, forward of the $1.02 a share analysts polled by way of FactSet had anticipated.
The facilities for ailment handle and Prevention noted 65.6% of the U.S. population has bought at least one dose of Covid-19 vaccine.
U.S. pharmacy sales increased 6.7%, and retail earnings in the U.S. rose 6.5%, the company said. fitness and wellness revenue multiplied 14%, helped by means of objects like at-domestic Covid-19 tests and nutrition, the enterprise observed.
outdoor the U.S., the business stated it benefited from the continuing recovery in the U.ok., the place Covid-19 restrictions were lifted in July. overseas revenue rose sixty one.eight% to $5.5 billion.
Write to Dave Sebastian at dave.sebastian@wsj.com
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