THE WHAT? Walgreens Boots Alliance has announced its results for the third quarter of the current financial year. The drugstore giant adjusted its full-year EPS guidance downwards as EPS dropped by US$0.20 to US$0.14.
THE DETAILS Sales were up 8.6 percent yoy, hitting US$35.4 billion. Operating loss was US$0.5 billion, widening the US$0.3 billion loss reported in the year-ago quarter.
The US Retail Pharmacy segment reported sales of US$27.9 billion, up 4.4 percent on the prior-year period, although retail sales were down 1 percent. The International unit, however, saw sales rise 5 percent to US$5.6 billion, with Boots UK sales growing 10.2 percent thanks to strong retail sales and improved footfall, and the Germany wholesale business growing 3.8 percent.
THE WHY? Chief Executive Officer Rosalind Brewer said, “WBA achieved 8.9 percent constant currency sales growth in the third quarter despite a challenging operating environment. Consumers continue to appreciate the value, convenience, and range of services provided by Walgreens and Boots. However, significantly lower demand for COVID-related services, a more cautious and value-driven consumer, and a recently weaker respiratory season created margin pressures in the quarter. Our revised guidance takes an appropriately cautious forward view in light of consumer spending uncertainty, while still demonstrating clear drivers of a return to operating growth next fiscal year. We are raising our cost savings program target to $4.1 billion and taking immediate actions to optimize profitability for our US Healthcare segment. I am confident that our turnaround strategy positions WBA to drive sustainable core growth and deliver long-term shareholder value.”
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
-
Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
-
Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
-
Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
-
Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
-
Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
-
Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
-
Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
-
Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
