Walgreens climbs on Q2 profit beat ahead of Sycamore deal close

ReutersApr 8, 2025 11:41 AM

Shares of pharmacy retailer Walgreens Boots Alliance WBA.O rise 3.1% to $11.04 premarket

Company reports Q2 adjusted profit of 63 cents per share compared with analysts' average estimate of 53 cents per share - data compiled by LSEG

WBA's U.S. retail pharmacy unit reports Q2 sales of $30.38 billion compared with the estimate of $29.67 billion

Company says it is withdrawing its fiscal 2025 forecast, as it is in the process of being taken private by private-equity firm Sycamore Partners for $10 billion

Up to last close, WBA shares up 14.8% YTD

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