Why Walgreen Boots Alliance's Q2 Earnings Beat Didn't Excite Investors

Walgreens Boots Alliance (NASDAQ: WBA) stock badly underperformed the S&P 500 in 2019, with shares sinking nearly 14% in a year when the stock market soared. 2020 is off to an even worse start mainly due to the novel coronavirus pandemic.

The pharmacy giant announced its fiscal 2020 second-quarter results before the market opened on Thursday. While there was some good news, it wasn't enough to excite investors. Here are the highlights of Walgreens' Q2 update.

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Source Fool.com