Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the drugstore chain’s plan to revive its struggling business.

Walgreens improving pharmacy business and comments from the company’s CEO are convincing Wall Street that the drugstore won't succumb to a private equity buyout.

Walgreens' worst day of the year came on June 27, when the stock fell 22% on another disappointing earnings report. This time, it slashed its full-year EPS guidance to $2.80-$2.95 due to challenging pharmacy industry trends and a weak consumer environment.

Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s decision to lock up products after reporting a 52% increase in stolen inventory has backfired, according to multiple reports.

Walgreens Boots Alliance Inc. reported quarterly sales that surpassed Wall Street’s expectations, spurring the shares and easing pressure on the drugstore chain as it mulls strategic options including a sale.

Walgreens Boots Alliance (WBA) stands at a pivotal moment as 2025 begins. It is drawing intense investor scrutiny after emerging as the S&P 500’s ($SPX) biggest laggard in 2024 with an over-50% decline.

Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business Walgreens booked a better ...

Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the drugstore chain's plan to revive its struggling business. Company shares soared Friday ...

Walgreens Tops Wall Street's Expectations as Drugstore Chain Continues Turnaround Plan Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the ...