Walgreens stock rises on Q2 earnings beat
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.