Investing.com - Walgreens Boots (NASDAQ:WBA) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Walgreens Boots announced earnings per share of $1.68 on revenue of $33.9B. Analysts polled by Investing.com anticipated EPS of $1.35 on revenue of $32.46B.
Walgreens Boots shares are up 3.53% from the beginning of the year, still down 5.33% from its 52 week high of $57.04 set on April 6, 2021. They are outperforming the Nasdaq 100 which is down 3.36% from the start of the year.
Walgreens Boots follows other major Consumer Staples sector earnings this month
Walgreens Boots's report follows an earnings beat by Costco on December 9, 2021, who reported EPS of $2.97 on revenue of $50.36B, compared to forecasts EPS of $2.62 on revenue of $49.65B.
General Mills had missed expectations on December 21, 2021 with second quarter EPS of $0.99 on revenue of $5.02B, compared to forecast for EPS of $1.05 on revenue of $4.84B.
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