Walgreens says it will close 1,200 stores by 2027, as earnings top estimates

By CNBC | Oct 15, 2024 at 07:11 AM EST

Walgreens reported strong fourth-quarter sales and profit, exceeding expectations, with plans to close 1,200 stores over the next three years to boost earnings. The company aims to improve efficiency and cut costs amid challenges in the pharmacy and retail sectors.

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