Shares of Walgreens Boots Alliance slipped 1.1% early Wednesday after the drugstore retailer’s fiscal second quarter earnings report missed Wall Street analyst expectations.
Q2 adjusted diluted net earnings rose 3.8% to $1.36 per share, or 6.1% on a constant currency basis, as Q2 GAAP net earnings attributable to Walgreens Boots Alliance rose 14% to $1.06 billion from $930 million in the year-ago quarter. Sales fell 2.4% to $29.4 billion, a 0.9% increase on a constant currency basis, according to a press release.
