June 27 (Reuters) - Walgreen Boots Alliance cut its profit forecast for fiscal 2024 on Thursday, citing challenging pharmacy industry trends and a worse-than-expected U.S. consumer environment.
The company now expects an adjusted profit of $2.80 to $2.95 per share for its financial year ending August, compared with its $3.20 to $3.35 per share forecast in March.
Analysts, on average, expect the company to record an annual profit of $3.20 per share, according to LSEG data.
(Reporting by Bhanvi Satija, Christy Santhosh and Sneha S K in Bengaluru; Editing by Devika Syamnath)
