Boots posts uplifted sales as owner Walgreens shelves plans for £5.5bn auction

Boots posts uplifted sales as owner Walgreens shelves plans for £5.5bn auction

City A.M.

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Boots has posted buoyant quarterly retail sales after its parent company abandoned plans to sell the chemist this week. In third quarter results, Walgreens Boots Alliance (WBA) stated profit was down on last year but had surpassed Wall Street expectations. The retail pharmacy giant posted adjusted earnings of $0.83bn or $0.96 per share for the [...]

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