Published 2 years ago

Walgreens earnings slide as number of vaccinations wane

Summary by Ground News

Walgreens booked a $683 million charge from a settlement with the state of Florida to resolve claims tied to dispensing prescription opioids. The company also saw a decline in its AllianceRx Walgreens business, which is a specialty and home delivery pharmacy for patients with rare, chronic and complex conditions.

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Walgreens earnings slide as number of vaccinations wane

A big opioid settlement and a COVID-19 vaccine slowdown helped drop Walgreens’ fiscal third-quarter earnings, but the drugstore chain still topped expectations

2 years ago·United States

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Walgreens earnings slide as number of vaccinations wane - Local News 8

By TOM MURPHY AP Health WriterA big opioid settlement and a COVID-19 vaccine slowdown helped drop Walgreens’ fiscal third-quarter earnings, but the drugstore chain still topped expectations. The company said Thursday that earnings slid to $289 million in the quarter that ended May 31. That’s down from about $1.2 billion the previous year. Walgreens booked a $683 million charge from a settlement announced last month with the state of Florida to r…

2 years ago·Idaho Falls, United States

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