Why Did Walgreens Stock Rise 20%?
WBAWalgreens Boots Alliance(WBA) Forbes·2024-10-18 19:00

Boston, MA - October 15: Walgreens has announced that about 1,200 stores will be closing in the ... [+] United States. (Photo by Pat Greenhouse/The Boston Globe via Getty Images)Boston Globe via Getty ImagesWalgreens recently reported its Q4’24 results (fiscal ends in August), with revenue and earnings exceeding our expectations. The company reported revenue of $37.5 billion and adjusted earnings of $0.39 per share, compared to our estimates of $34.9 billion, and $0.38, respectively. Not only did Walgreens ...