menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Walgreens ...
source image

Pymnts

1w

read

193

img
dot

Image Credit: Pymnts

Walgreens Continues Turnaround Efforts Ahead of Planned Acquisition by Private Equity Firm

  • Walgreens Boots Alliance (WBA) reported second-quarter fiscal 2025 sales of $38.6 billion, a 4.1% YoY increase.
  • Operating loss dropped from $13.2 billion to $5.6 billion compared to the previous year.
  • WBA withdrew its fiscal 2025 guidance and canceled its earnings call due to the pending acquisition by Sycamore Partners.
  • The merger with Sycamore Partners is expected to close in the fourth quarter, making WBA a private company.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app