Walgreens Reports Favorable FX Impact on Fiscal Fourth Quarter -- Currency Comments

By Paulo Trevisani

 

Walgreens Boots Alliance Inc. said Thursday that foreign exchange rates had a favorable impact on its fiscal fourth quarter.

The Deerfield, Ill.-based drugstore chain reported a 10.4% favorable currency impact on gross profit at Boots.com, which it said was 43% higher than a year earlier.

The company said its international segment had sales of $5.5 billion in the quarter ended Aug. 31, up 61.8% from a year earlier, including a favorable currency impact of 9.2%.

The WSJ Dollar Index rose 2.6% in the three-month period ended Aug. 31.

 

Write to Paulo Trevisani at [email protected]