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Walgreens Stock Jumps as Sales Grow, Adjusted Earnings Surpass Estimates
WBAWalgreens Boots Alliance(WBA) Investopedia·2025-01-10 21:35

Key TakeawaysWalgreens shares jumped Friday morning after the retailer recorded better sales and adjusted profits than analysts had expected.Revenue rose from last year, while the company recorded a larger net loss than expected as it starts a turnaround plan that includes closing 1,200 stores over the next three years.The pharmacy retailer's stock was the worst-performing stock in the S&P 500 last year, losing over 60% of its value. Shares of Walgreens Boots Alliance (WBA) rose Friday morning after the pha ...