×
1 674
Fashion Jobs
PETER ALEXANDER
Product Supply Coordinator - Peter Alexander
Permanent · Melbourne
DAVID JONES
Buying And Merchandise Planning Graduate Opportunities
Permanent · Melbourne
DAVID JONES
Cluster Manager - Country Road - Chadstone Vic
Permanent · Melbourne
DAVID JONES
Loss Prevention Officer – David Jones Kotara
Permanent · Maitland
DAVID JONES
Buyer, Childrenswear - Limited Tenure
Permanent · Melbourne
DAVID JONES
IT Test Manager
Permanent · Melbourne
DAVID JONES
IT Infrastructure Specialist- Country Road Group
Permanent · Melbourne
DAVID JONES
Country Road - Cluster Manager - Pacific Fair - Qld
Permanent · Gold Coast
DAVID JONES
Project Manager- Country Road Group
Permanent · Melbourne
FUSION SPRINGBOARD
Junior Merchandise Planner And Allocator
Permanent · Melbourne
DAVID JONES
Merchandise Planner- Country Road Childrenswear
Permanent · Melbourne
PUMA
Field Account Manager Sports Licensing
Permanent · Moorabbin
DAVID JONES
Visual Merchandising Manager - David Jones Doncaster
Permanent · East Melbourne
DAVID JONES
Assistant Visual Merchandising Manager - David Jones Chadstone
Permanent · Melbourne
DAVID JONES
People Business Partner
Permanent · Melbourne
ON RUNNING
Warehouse Specialist / Supervisor
Permanent · MELBOURNE
DAVID JONES
CRM Email Developer - Country Road
Permanent · Melbourne
DANGERFIELD
Dangerfield Area Manager
Permanent · Perth
FUSION SPRINGBOARD
Group Finance Manager
Permanent · Melbourne
DAVID JONES
Supply Chain Analyst- Country Road Group
Permanent · Melbourne
ESTEE LAUDER
Mac - Cosmetic Consultant - Wollongong/Shellharbour - Part Time
Permanent · South Coast
JUST JEANS
Regional Manager - Just Jeans
Permanent · Christchurch
Published
Jul 1, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Boots revenue soars says owner as WBA reports overall lower Q3 sales

Published
Jul 1, 2022

After Walgreens Boots Alliance (WBA) pulled the UK-based Boots chain from sale earlier this week, all eyes were on how the chain performed when WBA released its Q3 results on Thursday.


Boots No7



And it did well, with Boots UK retail comparable sales growing 24% as it made market share gains across all major categories.

But the wider company results weren’t so good. WBA said it saw “strong execution across segments” and that the figures were in line with expectations. But Q3 earnings per share (EPS) from continuing operations fell 73.8% to $0.33.

And quarterly sales from continuing operations fell 4.2% year-on-year (or -2.8% currency-neutral) to $32.6 billion. Operating income from continuing operations fell to a loss of $320 million, compared to of $1.1 billion a year ago.

CEO Rosalind Brewer said the results came against “very robust growth last year”.

The company, which is a major player in health as well as beauty, said US retail comparable sales growth was 1.4% and US digital sales rose 25% after a 95% leap a year earlier, driven by 2.8 million same-day pick-up orders.

But overall US sales fell 7.1% to $26.7 billion, driven by a decline in the AllianceRx Walgreens business.

As mentioned, Boots UK saw comp sales surging 24%, a figure that was driven by beauty, and the firm continued to develop its beauty offer, launching No7 Pro Derm Scan technology and personalised consultation service in over 400 Boots stores in April.

That helped international Q3 sales to rise 0.3% to $5.3 billion, dented by an adverse currency impact of 9%. Total Boots UK sales rose 13.5%, and the German wholesale business grew 6.8%.

Copyright © 2022 FashionNetwork.com All rights reserved.