Retail

Here are three areas driving sales growth at Walgreens

0


A woman walks past Boots No7 cosmetics displayed for sale at a Walgreens Boots Alliance Inc. store in New York.

Michael Nagle | Bloomberg | Getty Images

As people emerge from their homes again, Walgreens Boots Alliance said they are ordering passport photos, refreshing makeup bags and rolling up their sleeves for Covid-19 shots.

Those three sales drivers contributed to higher-than-expected earnings in the fiscal third quarter. The drugstore chain raised its outlook for the year, saying it has more confidence after seeing rebounding sales and the uptake of Covid vaccines.

Global Chief Financial Officer James Kehoe said it has administered more than 25 million shots — with about 17 million…



Source cnbc.com

0 0 votes
Article Rating

Economy is on the move and Covid is on the run

Previous article

Why California fire victims are at the mercy of Wall Street

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Retail