Health & Beauty

Boots UK sees Q2 profits fall 9.2% as sales drop by almost a fifth

Its parent company, Walgreens Boots Alliance, saw an 8.4% increase in profits to $1bn (£725m), which was predominantly driven by sales in the US

Boots UK has revealed that gross profits decreased 9.2% for the second fiscal quarter ended 28 February reflecting lower retail sales and pharmacy volumes.

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