Digital Access

Digital Access
Access saukvalley.com from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more! News you use every day! Daily, Daily including the e-Edition or e-Edition only.

Text Alerts

Text Alerts
Choose your news! Select the text alerts you want to receive: breaking news, prep sports scores, school closings, weather, and more. Text alerts are a free service from SaukValley.com, but text rates may apply.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Sign up for free e-newsletters today.
Business

Walgreens tops 4Q expectations, helped by Rite Aid deal

DEERFIELD (AP) — Walgreens beat fourth-quarter earnings expectations with an assist from some recently acquired Rite Aid stores, and the nation’s largest drugstore chain started fiscal 2019 with a largely better-than-expected outlook.

But sales from established U.S. stores grew only slightly.

Walgreens said Thursday that it expects fiscal 2019 earnings to range from $6.40 to $6.70 per share.

In the fiscal fourth quarter, Walgreens Boots Alliance Inc. net income jumped 88 percent to $1.51 billion compared to last year’s quarter, when costs tied to a previous Rite Aid deal attempt weighed on results.

Overall sales from stores opened at least a year increased less than 1 percent in the quarter but sales in the front end, or the area outside the pharmacy, fell again.

Loading more