CVS - Cost-cutting and lower tax rate likely to help Walgreens meet FQ2 estimates
2024-03-25 17:27:48 ET
Walgreens Boots Alliance’s ( NASDAQ: WBA ) fiscal Q2 results on Thursday will likely reflect the headwinds the company has faced recently, notably sluggish foot traffic and soft international sales. The Steet is expecting the drug-store chain to earn a profit of just $0.83 per share which is significantly lower than $1.16 in the same quarter last year, but sales should show a modest 3% gain year-over-year. ...
Cost-cutting and lower tax rate likely to help Walgreens meet FQ2 estimates