Walgreens Boots Alliance, Inc. ($WBA) Earnings (Q2 FY22)

Walgreens Boots Alliance, Inc. ($WBA) Earnings and Opinion:


Walgreens Boots Alliance is a company in the Healthcare sector and currently operates in the Pharmaceutical Retailers industry. The company is a pharmacy and beauty retail store. Walgreens was founded in 1901 and is currently headquartered in Deerfield, Illinois. The company made its debut on the stock market in 1980.

Walgreens Boots Alliance EPS and Revenue (Q2 FY22):

  • EPS of $1.59 beating expectations of $1.40
  • Revenue of $33.76B beating expectations of $33.33B
  • EPS was up 26.5% and Revenue was up 3%
Walgreens Boots Alliance Outlook:
  • Maintaining single digit growth in Revenue and EPS
Opinion:
Walgreens Boots Alliance stock is taking a hit after reporting earnings before the bell this morning. They killed Wall Street expectations for this past quarters EPS and Revenue, but investors fear the pandemic demand of their products will start to slow as guidance for the rest of the year remained unchanged. Walgreens was a company that thrived during Covid because of the fact they were able to distribute vaccines and tests. This caused them to grow their revenue and also drive traffic through their stores. However, with the slowing of the pandemic and a lesser demand for testing and vaccines, the store may go back to its normal level of operation. I still think that it is a solid level because they just did $33.76B in revenue this quarter which is an absurd number for this company. I really like the business model of Walgreens and I can see it as a store that will continue to drive revenue and tidy up operations to continue operating efficiently. I currently hold a small position in this company, but I entered in before the pandemic came about. I saw some nice returns during the pandemic, but I'm continuing to hold due to the fact that I see a future in this company and they also reward shareholders with a dividend. I am a little skeptical with guidance after this report, so I would hold off until we see some clarity with the numbers post-pandemic. 

*Information from Yahoo Finance, Walgreens Boots Alliance, and Google

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