Walgreens surpassed Wall Street expectations in the second quarter thanks to strong demand for COVID-19 tests and vaccines.
The company said its U.S. retail comparable sales growth of 14.7% was the highest it has seen in more than 20 years. Revenue climbed roughly 3% to $33.76 billion, surpassing analysts' estimate of $33.23 billion.
"Second quarter results demonstrated broad-based execution, driving strong comparable sales and robust earnings growth," CEO Rosalind Brewer said in a statement announcing the results. "We continue to make important strides along our strategic priorities, building a consumer-centric, technology-enabled
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