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.