Mizuho Securities Reiterates Neutral Rating on Walgreens Boosts Alliance (WBA) Following 1Q Report
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Walgreens Boots Alliance Reports Fiscal 2020 First Quarter Results
January 8, 2020 7:00 AM ESTMaintains Full Year Adjusted EPS Guidance
First quarter highlights, year-over-year
Sales increased 1.6 percent to $34.3 billion, up 2.3 percent on a constant currency basis Operating income decreased 27.6 percent to $1.0 billion; Adjusted operating income decreased 15.6 percent to $1.5 billion, down 15.4 percent on a constant currency basis EPS decreased 19.8 percent to $0.95; Adjusted EPS decreased 6.0 percent to $1.37, down 5.7 percent on a constant currency basis Net cash provided by operating activities was $1.1 billion, an increase of $601 million; Free cash flow was $674 million, an increase of $684 millionFiscal 2020... More
