Walgreens Boots Non-GAAP EPS of $0.80 Beats By $0.03, Revenue of $32.45B Beats By $280M

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Walgreens Boots Non-GAAP EPS of $0.80 Beats By $0.03, Revenue of $32.45B Beats By $280M

Seeking Alpha2022-10-13

Walgreens Boots(NASDAQ: WBA): FQ4 Non-GAAP EPS of $0.80 beats by $0.03.
Revenue of $32.45B (-5.3% Y/Y)beats by $280M.
FY2023 Outlook: Adjusted EPS of $4.45 to $4.65 as strong core business growth is more than offset by lapping fiscal year 2022 COVID-19 execution, and currency headwinds vs. consensus of $4.49.
Raising U.S. Healthcare fiscal 2025 sales target to $11B to $12B, with the segment expected to achieve positive adjusted EBITDA by fiscal year 2024.
Increased visibility to the company's long-term growth algorithm, building to low-teens adjusted EPS growth in fiscal year 2025 and beyond.

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