Walgreens tops fiscal 2Q forecasts as private equity buyout awaits

Walgreens tops fiscal 2Q forecasts as private equity buyout awaits
Walgreens reported a smaller loss and better-than-expected fiscal second-quarter results after announcing its acquisition by a private equity firm. The drugstore chain saw growth in pharmacy sales and improvement in its VillageMD clinic business, with sales increasing 4% to $38.59 billion.