Vaccinations, Tests Give Walgreens a Fiscal First Quarter Sales Jolt

Vaccinations, Tests Give Walgreens a Fiscal First Quarter Sales Jolt
The Walgreens logo on the front of a store, in Cambridge, Mass., on July 14, 2021. Charles Krupa/AP Photo
The Associated Press
Updated:

COVID-19 vaccines and testing boosted Walgreens store sales growth to levels not seen in more than two decades, pushing the drugstore chain well above Wall Street expectations for the first quarter.

Walgreens doled out 15.6 million vaccines in the quarter that ended November 30, up 16 percent from the previous quarter, as more Americans sought booster shots. Also, federal regulators expanded eligibility for Pfizer’s vaccine to children ages 5 to 12.