financetom
Business
financetom
/
Business
/
Walgreens' second-quarter profit beats ahead of Sycamore Partners deal close
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Walgreens' second-quarter profit beats ahead of Sycamore Partners deal close
Apr 8, 2025 4:39 AM

April 8 (Reuters) - Walgreens, which is in the

process of being taken private by Sycamore Partners, beat Wall

Street estimates for quarterly profit on Tuesday as the pharmacy

chain operator benefited from a turnaround effort that included

closing underperforming stores.

On an adjusted basis, Walgreens earned 63 cents per share in

the second quarter, compared with the average analyst estimate

of 53 cents, according to data compiled by LSEG.

The company said it is withdrawing its fiscal 2025 forecast,

pending the deal close.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved