Walgreens tops quarterly profit estimates as Sycamore deal nears completion
ReutersJun 26, 2025 11:03 AM
June 26 (Reuters) - Walgreens Boots Alliance WBA.O, which is being taken private by Sycamore Partners, beat analysts' estimates for third-quarter profit on Thursday, as store closures and cost-cutting aided turnaround efforts at the second-largest U.S. pharmacy chain.
On an adjusted basis, the company earned 38 cents per share for the quarter, beating analysts' average estimate of 34 cents per share, according to data compiled by LSEG.
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