Walgreens Boots Alliance Reports Fiscal 2024 First Quarter Results
On a pro forma basis, the segment's businesses grew sales at a combined rate of 12 percent in the quarter, led by VillageMD and Shields.
- On a pro forma basis, the segment's businesses grew sales at a combined rate of 12 percent in the quarter, led by VillageMD and Shields.
- Adjusted operating loss, which excludes certain costs related to stock compensation expense and amortization of acquired intangible assets, was $96 million compared to $152 million in the year-ago quarter.
- Adjusted EBITDA loss of $39 million improved by $84 million versus the prior year quarter reflecting growth across all businesses and cost discipline.
- WBA will hold a conference call to discuss the first quarter results beginning at 8:30 a.m. Eastern time today, January 4, 2024.