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Benzinga
Benzinga
Business
Adam Eckert

Walgreens Stock Fell 8% This Week: What Happened?

Walgreens Nasdaq Walgreens Boots Alliance Inc

Walgreens Boots Alliance Inc (NASDAQ:WBA) shares continue to trade lower Friday after the company on Thursday reported financial results and reaffirmed soft guidance for low-single digit earnings growth. 

Walgreens said fiscal second-quarter revenue increased 3% year-over-year to $33.8 billion, which beat the $33.36 billion estimate. The company reported quarterly earnings of $1.59 per share, which beat the estimate of $1.38 per share.

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