[ad_1]
"If you look at the comparable store numbers in the United States and the United Kingdom, the pharmacy was flat, the retail sales in the United States was down 5 [percent] and the international retail figures were negative, "Raymond James badyst John Ransom told CNBC's" Squawk Box "television channel." Their small wholesale division was the only division that displayed a single currency. positive constant per store. "
During the quarter, Walgreens' comparable pharmacy sales in the United States were stable compared to the previous quarter.The company said that prescription brand inflation was offset by repayment pressure and generic drugs.
Comparable US retail sales slipped 4 percent to quarter. Drug stores struggled to keep up, Amazon and other retailers lants who stole similar products, often at lower prices.
Walgreens' gross margin fell to 22.9% in the quarter from 24.2% a year earlier. the 23.5% expected by badysts surveyed by FactSet. Its adjusted operating margin fell to 5.3% from 6%, excluding the consensus estimate of 5.7%.
Source link
