Story perspectives

Walgreens Reports $39.5B Sales, Plans 1,200 Store Closures

1/10/2025

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Summary

Story summary

Walgreens Boots Alliance achieved $39.5 billion in Q1 fiscal 2025 sales, a 7.5% year-over-year increase.
The company reported a net loss of $265 million, worsening from last year's $67 million loss.
Plans to close 1,200 stores over three years aim to optimize operations amid market changes.
Growth in the U.S. Healthcare segment, particularly from VillageMD, helped offset retail sales challenges.
Walgreens maintains adjusted EPS guidance of $1.40 to $1.80 for fiscal 2025, focusing on retail pharmacy stabilization.

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Story summary

Walgreens Boots Alliance achieved $39.5 billion in Q1 fiscal 2025 sales, a 7.5% year-over-year increase.
The company reported a net loss of $265 million, worsening from last year's $67 million loss.
Plans to close 1,200 stores over three years aim to optimize operations amid market changes.
Growth in the U.S. Healthcare segment, particularly from VillageMD, helped offset retail sales challenges.
Walgreens maintains adjusted EPS guidance of $1.40 to $1.80 for fiscal 2025, focusing on retail pharmacy stabilization.