Walgreens Warns of Virus Disruptions Amid Vaccine Rollout (1)

Walgreens Boots Alliance Inc. said its drugstores are withstanding the coronavirus pandemic, though it warned of possible hurdles ahead with renewed lockdowns and surging virus cases.

The company may face “short-term disruption from continued and new restrictions and lockdowns as communities continue to struggle to contain the spread of the virus while vaccination programs take place,” Chief Executive Officer Stefano Pessina said on a call with analysts.

The CEO spoke after the pharmacy giant reported earnings that beat analysts’ expectations and reaffirmed it guidance for the 2021 fiscal year. Gains from its involvement in administering Covid-19 vaccines in the U.S. ...