Walgreens profit surges 68% on strong pharmacy, retail sales

Walgreens profit surges 68% on strong pharmacy, retail sales
© Reuters. FILE PHOTO: A Walgreens store is seen in Chicago, Illinois, U.S. February 11, 2021. REUTERS/Eileen T. Meslar

(Reuters) – Walgreens Boots Alliance (NASDAQ:WBA) Inc reported a 68% surge in fourth-quarter profit on Thursday, as it benefited from higher sales at its pharmacy stores in the United States and the United Kingdom.

Net income attributable to the company was $627 million, or 72 cents per share, for the quarter ended Aug. 31, compared with a profit of $373 million, or 43 cents per share, a year earlier.

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