Financial News

Sales Soar at Walgreen Boots

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By: TOM BRANNA

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Walgreens Boots Alliance, Inc. said Q2 sales rose 12.1% to $33.0 billion. Operating income jumped 33.9% to $2.0 billion. For the first six months, sales rose 10% to $63.8 billion while operating income increased 12.9% to $3.3 billion. Executive vice chairman and CEO Stefano Pessina said, “Our growth strategy of increasing and consolidating volume, differentiating ourselves through value and quality of service, and controlling costs is bearing fruit across our businesses. This is reflected i...

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