Walgreens Boots Alliance (WBA) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +11.76%. A quarter ago, it was expected that this largest U.S. drugstore chain would post earnings of $0.53 per share when it actually produced earnings of $0.63, delivering a surprise of +18.87%.Over the l ...

Group 1 - Cracker Barrel Old Country Store (CBRL) is currently ranked 1 (Strong Buy) in the Zacks Rank system, indicating a positive earnings outlook [3] - The Zacks Consensus Estimate for CBRL's full-year earnings has increased by 8.5% over the past three months, reflecting stronger analyst sentiment [4] - CBRL has returned 14.2% year-to-date, significantly outperforming the average return of 3.2% for the Retail-Wholesale sector [4] Group 2 - Cracker Barrel belongs to the Retail - Restaurants industry, which is currently ranked 158 in the Zacks Industry Rank, with stocks in this group having lost about 0.9% year-to-date [6] - In comparison, Walgreens Boots Alliance (WBA), another outperforming stock in the Retail-Wholesale sector, has returned 22.1% year-to-date and has a Zacks Rank of 2 (Buy) [5][7] - The Retail - Pharmacies and Drug Stores industry, where WBA is categorized, has seen a year-to-date increase of 21.8% [7]

Company Performance - Walgreens Boots Alliance (WBA) stock closed at $11.20, reflecting a -0.44% change compared to the previous day, underperforming the S&P 500 which gained 0.41% [1] - Over the past month, WBA shares appreciated by 2.46%, lagging behind the Retail-Wholesale sector's gain of 5.64% and the S&P 500's gain of 6.13% [1] Earnings Report Expectations - The upcoming earnings report for WBA is projected to show earnings of $0.34 per share, indicating a year-over-year decline of 46.03% [2] - Revenue is anticipated to be $36.66 billion, representing a 0.85% increase from the same quarter last year [2] Full Year Projections - For the full year, earnings are estimated at $1.66 per share, reflecting a -42.36% change from the previous year, while revenue is projected at $151.49 billion, showing a +2.59% change [3] Analyst Estimates and Stock Performance - Recent changes to analyst estimates for WBA suggest evolving short-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks WBA at 3 (Hold) [5] Valuation Metrics - WBA has a Forward P/E ratio of 6.77, which is a premium compared to its industry's Forward P/E of 5.43 [6] - The PEG ratio for WBA stands at 1.35, while the average PEG ratio for Retail - Pharmacies and Drug Stores stocks is 0.79 [7] Industry Context - The Retail - Pharmacies and Drug Stores industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 3, placing it in the top 2% of over 250 industries [8]

Company Performance - Allbirds, Inc. (BIRD) has returned approximately 4.6% since the beginning of the calendar year, outperforming the Retail-Wholesale sector, which has returned an average of 1.9% year-to-date [4] - The Zacks Consensus Estimate for BIRD's full-year earnings has increased by 8.6% over the past three months, indicating improved analyst sentiment and earnings outlook [3] Industry Comparison - Allbirds, Inc. is part of the Retail - Apparel and Shoes industry, which includes 40 companies and currently ranks 135 in the Zacks Industry Rank. This industry has seen an average loss of 9% this year, highlighting BIRD's relative outperformance [5] - In contrast, Herbalife Ltd (HLF), another Retail-Wholesale stock, has outperformed the sector with a year-to-date return of 14.2% and has a consensus EPS estimate that has increased by 9.8% over the past three months [4][5] Sector Ranking - The Retail-Wholesale group, which includes 207 companies, currently ranks 9 in the Zacks Sector Rank, indicating a competitive position within the broader market [2] - Allbirds, Inc. holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to other stocks in the sector [3]

Walgreens Boots Alliance (WBA) closed the most recent trading day at $11.18, moving +0.45% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.41%. On the other hand, the Dow registered a gain of 0.65%, and the technology-centric Nasdaq decreased by 0.18%.The the stock of largest U.S. drugstore chain has risen by 3.06% in the past month, lagging the Retail-Wholesale sector's gain of 9.47% and the S&P 500's gain of 9%.The upcoming earnings release of Walgreens Boots Alliance w ...