Dividend Aristocrat Walgreens Boots Alliance (WBA) has reported Q1 adjusted EPS which is down 6% at 1.37 dollar, four cents short of the consensus, while its adjusted operating profit was down 15.6% at 1.5billion dollars.
The drugstore chain posted sales growth of 1.6% to 34.3billion dollars (+2.3% at constant exchange rates), including 1.6% growth in comparable store sales for the retail pharmacy business in the United States.
Walgreens shares fell as much as 6.2% on Wednesday on the NYSE. In 2019, the stock declined 14%, compared with a gain of 31.5% for the S&P 500 Index. See the article on the dividend aristocrats December performance. Walgreens is also one of the ten dogs of the dow 2020.
