Walgreens says pharmacy sales remained strong in the fiscal first quarter

Walgreens Boots Alliance Inc. (NASDAQ: WBA) said on Thursday that its earnings and revenue came in better than expected in the fiscal first quarter. The company attributed its hawkish quarterly performance to robust pharmacy sales in recent months. Walgreens Boots Alliance was reported about 2.5% up in premarket trading on Thursday and gained another 5% on market open. At £33.51 per share, the stock has now recovered significantly compared to the low of £24.75 per share in the last week of October. The price action should come in handy if you are interested in investing in the stock market.