Company News, Financial News

Sales Rise at Walgreen Boots

Retail pharmacy business continues to be big in Q1 report.

Walgreens Boots Alliance, Inc. posted financial results for the first quarter 2016 that ended Nov. 30, 2015. Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as increasingly global health and beauty product brands, such as No7, Botanics, Liz Earle and Soap & Glory. Net sales in the first quarter increased 48.5% to $29.0 billion, largely due to the inclusion of Alliance Boots consolidated results. Net earnings increased 30.6...

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