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

In Q2 FY2025, Walgreens Boots Alliance (WBA) reported a 4.1% year-over-year sales increase to $38.6 billion and reduced its operating loss from $13.2 billion to $5.6 billion as it advances its turnaround strategy. While cost management and healthcare improvements buoyed performance, retail softness and legal settlements offset gains. Amid its pending acquisition by Sycamore Partners, WBA withdrew fiscal guidance and will go private later this year.