A person enters a Walgreens store in San Francisco, California, U.S., on Tuesday, April 13, 2021.
David Paul Morris | Bloomberg | Getty Images
Walgreens Boots Alliance on Thursday announced fiscal second-quarter earnings that topped analysts’ expectations, after the omicron variant of Covid-19 intensified demand for booster shots and tests and drove foot traffic during the winter months.
The drugstore chain reiterated its outlook for the year. It has said that adjusted earnings per share will grow in the low single digits.
Shares fell about 4% in premarket trading, as investors raised concerns that the drugstore chain could lose momentum as pandemic-related demand fades.
Here’s what Walgreens…
Source cnbc.com