Walgreens Reports Strong Q3 Earnings Ahead of Privatization

Reported about 9 hours ago

Walgreens Boots Alliance (WBA) exceeded earnings expectations in its Q3 report, potentially the last before the company goes private. Despite this positive financial performance, the company faces challenges, including declining front store sales. Analysts have largely ceased coverage as Walgreens prepares for privatization, and future guidance has been withdrawn. The CEO highlighted ongoing improvements in healthcare segments, while emphasizing the company's effort to manage costs and enhance customer experiences.

Source: YAHOO

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