In fiscal year 2023, the U.S. drugstore chain Walgreens had net losses of approximately 3.5 billion U.S. dollars, and gross profit of over 27 billion U.S. dollars.
The pharmacy and drug store industry is thriving in the United States. Pharmacy and drug store sales in the United States have increased steadily each year since 1992. Generally speaking, there are two main revenue streams in drugstore retail: prescription sales and over-the-counter sales. The best-selling over-the-counter products in U.S. drugstores are vitamins, cold/allergy tablets, and internal analgesics. Many drugstores also sell cosmetics, personal care items, groceries, and a variety of other products.
Walgreens gross profit and net earnings in the United States from 2005 to 2023
(in million U.S. dollars)
Walgreens fiscal year runs from September 1 to August 31 of the following year.
Figures for fiscal years 2019 and 2020 were restated in the 2021 report
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Walgreens. (October 12, 2023). Walgreens gross profit and net earnings in the United States from 2005 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/269557/gross-profit-and-net-earnings-of-walgreens-in-the-us-since-2005/
Walgreens. "Walgreens gross profit and net earnings in the United States from 2005 to 2023 (in million U.S. dollars)." Chart. October 12, 2023. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/269557/gross-profit-and-net-earnings-of-walgreens-in-the-us-since-2005/
Walgreens. (2023). Walgreens gross profit and net earnings in the United States from 2005 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/269557/gross-profit-and-net-earnings-of-walgreens-in-the-us-since-2005/
Walgreens. "Walgreens Gross Profit and Net Earnings in The United States from 2005 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 12 Oct 2023, https://www.statista.com/statistics/269557/gross-profit-and-net-earnings-of-walgreens-in-the-us-since-2005/
Walgreens, Walgreens gross profit and net earnings in the United States from 2005 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/269557/gross-profit-and-net-earnings-of-walgreens-in-the-us-since-2005/ (last visited September 20, 2024)
Walgreens gross profit and net earnings in the United States from 2005 to 2023 (in million U.S. dollars) [Graph], Walgreens, October 12, 2023. [Online]. Available: https://www.statista.com/statistics/269557/gross-profit-and-net-earnings-of-walgreens-in-the-us-since-2005/