Walgreens Misses Quarterly Earnings Expectations

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Lastly, in another sign, the pandemic is further behind us. The pharmacy chain witnessed demand at what is news learned. Yes. So Walgreens actually underperformed Wall Street expectations for a second straight quarter as demand for COVID vaccinations and tests fell while the pharmacy chains latest quarterly earnings fell short of expectations and it offered an underwhelming outlook on profit. In addition to less demand for COVID products, Walgreens is grappling with the leadership shake up recent labor pressure from its pharmacists and a wobbly move into health care. Well, the last time that Walgreens missed expectations for two straight quarters was almost a decade ago.