Walgreens stock rises on Q2 earnings beat

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Yahoo Finance Live’s Brad Smith breaks down the rise in stock for Walgreens following second-quarter earnings.

Video Transcript

BRAD SMITH: And Walgreens this morning is out with its latest earnings. The drugstore chain beat on the top and bottom lines, but its quarterly profit fell over 20% from last winter when it had a much stronger COVID vaccine volume and test sales. Now it's revenue, that rose year over year with its health-care unit, primary-care service, and home-care unit all making big gains.

We'll get more into Walgreens' earnings and outlook later on in the show.

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