Walgreens to close 150 stores

June 28, 2023

Walgreens has confirmed plans to close 150 stores by August 2024. The drugstore giant this week reduced its annual profit forecast after a disappointing third-quarter performance. Walgreens now expects earnings to fall between $4.00 and $4.05 a share, down from its previous guidance of $4.45 to $4.65.

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