Walgreens stock rises on Q2 earnings, sees decline in COVID-19 testing

March 28, 2023 at 11:32 AM

Yahoo Finance Live’s Rachelle Akuffo breaks down the rise in stock for Walgreens.

Video Transcript

RACHELLE AKUFFO: All right, turning now to our trending ticker. Walgreens rising after reporting a beat on estimates. The health-focused retailer seeing its business accelerate in February with its health-care unit helping offset a drop in demand it's seeing as COVID-19 cases and demand continue to wane.

Walgreens reporting a decline in both vaccinations and testing. This, of course, leading to decreased foot traffic in its stores.