Walgreens Outlook Improves As Buyout Faces Shareholder Vote Next Month
1. Walgreens quarterly loss was better than expected, indicating potential turnaround. 2. Pharmacy sales are rising, boosting optimism for WBA's financial health. 3. Sycamore Partners' acquisition may lead to significant cost-cutting reforms. 4. Walgreens aims to close 1,200 stores by 2027, enhancing operational efficiency. 5. Positive free cash flow reported, improving from previous negative trends.