Walgreens Sales Drop Amid Falling Demand for COVID-19 Vaccines, Testing Kits

Walgreens Sales Drop Amid Falling Demand for COVID-19 Vaccines, Testing Kits
A Walgreens store in Riviera Beach, Fla., on Oct. 25, 2017. Joe Raedle/Getty Images
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Drugstore chain Walgreens Boots Alliance saw its sales drop 1.5 percent in the most recent quarter amid a decline in demand for COVID-19 vaccines and testing kits.

In its fiscal year 2023 first quarter results published on Jan. 5, the company—one of the largest U.S. pharmacies—said it administered 8.4 million COVID-19 vaccinations in the quarter, down from around 15.6 million in the same period a year earlier, but up from 2.9 million shots administered in the previous quarter.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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