Walgreens Boots Alliance Reports Increased Net Sales And Net Earnings In FY 3Q 2016

Walgreens Boots Alliance reported GAAP net earnings per diluted share decreased 14.4 percent to $1.01 in the third quarter of fiscal 2016, compared with the same quarter in the previous year. Adjusted net earnings per diluted share increased 15.7 percent to $1.18. Net earnings decreased 15.3 percent to $1.1 billion, compared with the same quarter in 2015, while adjusted net earnings rose 14.7 percent to $1.3 billion. GAAP third quarter operating cash flow reached $2.1 billion, with free cash flow at $1.9 billion.