Walgreens Boots Alliance , which is being taken private by Sycamore Partners, beat analysts' estimates for third-quarter profit on Thursday, helped by cost-cutting measures such as store closures.

News that Walgreens Boots Alliance quarterly loss was better than expected and pharmacy sales are rising bodes well for a financial turnaround under new private equity ownership. Under future ...

For Walgreens, going private is the culmination of an epic fall from grace. A decade ago, it was worth $100 billion, riding high on the buzz of a bold albeit controversial merger.

Walgreens is set to announce its latest earnings this Thursday, and the Street is apparently expecting normalised EPS of $0.34, GAAP EPS of $(0.08), and revenues of $36.72bn.

In the last quarter of fiscal year 2024, Walgreens lost $3 billion. When CEO Tim Wentworth discussed the closures in a 2024 earnings call with investors, he said that out of 8,700 stores, only ...

Walgreens Tops Quarterly Profit Estimates as Sycamore Deal Nears Completion. More. Reuters. Walgreens Boots Alliance logo is seen in this illustration taken February 11, 2025.