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Walgreens profit surges 68% on strong pharmacy, retail sales By Reuters

by Mike Robinson

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© Reuters. FILEPHOTO: This is a Walgreens location in Chicago, Illinois. It was spotted on February 11, 2021. REUTERS/Eileen T. Meslar

(Reuters) – Walgreens Boots Alliance NASDAQ (NASDAQ:) Inc announced a 68% jump in fourth-quarter profits on Thursday. This was due to increased sales at its US and UK pharmacy stores.

For the quarter ending Aug. 31, net income was $627 million or 72cs per shares, as compared to a profit in the same period of 2013 (or 43 cents per shared)

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