Walgreens Boots Alliance Aktie News

Walgreens Boots Alliance (WBA -0.13%) is one of the largest pharmacy retailers in the United States. Over the past several years, the company has made a number of poor investment decisions.

News that Walgreens Boots Alliance quarterly loss was better than expected and pharmacy sales are rising bodes well for a financial turnaround under new private equity ownership.

Walgreens is reportedly seeing an uptick in sales as it prepares to go private. [contact-form-7] The company released quarterly earnings Thursday (June 26) showing sales of $39 billion, a 7.2% increase from the same quarter last year, driven by growth in its American retail pharmacy and international segments.

Walgreens Boots Alliance Inc (NASDAQ:WBA, ETR:W8A) posted better-than-expected earnings for the fiscal second quarter, driven by stronger pharmacy sales, international growth and cost controls. Sales increased 7.2% from the year-ago quarter to $38.99 billion, ahead of estimates of $36.59 billion.

Walgreens Boots Alliance Thursday reported a narrower-than-expected $178 million loss in its third quarter as the struggling pharmacy chain nears the end of its long run as a publicly traded company.

Walgreens previously said it was withdrawing its fiscal-year outlook after reaching a take-private deal with Sycamore Partners.

Shares of Walgreens Boots Alliance Inc. WBA rose 0.8% in premarket trades after the drugstore chain beat Wall Street's sales and adjusted profit expectations in its fiscal third-quarter results.

Walgreens Boots Alliance , which is being taken private by Sycamore Partners, beat analysts' estimates for third-quarter profit on Thursday, as store closures and cost-cutting aided turnaround efforts at the second-largest U.S. pharmacy chain.