07:35 AM EDT, 06/26/2025 (MT Newswires) -- Walgreens Boots Alliance ( WBA ) reported fiscal Q3 adjusted earnings Thursday of $0.38 per diluted share, down from $0.63 a year earlier.
Analysts polled by FactSet expected $0.33.
Sales for the fiscal quarter ended May 31 were $38.99 billion, up from $36.35 billion a year earlier.
Analysts surveyed by FactSet expected $36.84 billion.
Walgreens noted if the merger agreement to be acquired by 'entities affiliated with' Sycamore Partners is completed as expected in Q3 or Q4, WBA common stock will no longer be listed on the Nasdaq Stock Market, and WBA will become a private company.
Therefore, Walgreens did not provide financial guidance for fiscal 2025, and 'previously issued guidance for full year fiscal 2025 should no longer be relied upon,' the company said.