Walgreens Stock Jumps as Sales Grow, Adjusted Earnings Surpass Estimates

1. Walgreens beat revenue expectations at $39.46B, surpassing estimates. 2. Adjusted net income of $440M exceeded analyst predictions of $329.34M. 3. The company plans to close 1,200 underperforming stores over three years. 4. Walgreens shares rose over 14% after a tumultuous previous year. 5. CEO emphasizes belief in a sustainable, pharmacy-led operating model.