Walgreens Boots Alliance(WBA) Forbes·2025-01-10 21:20Core Viewpoint - The improving retail pharmacy business of Walgreens Boots Alliance and comments from the CEO suggest that a buyout from private equity is unlikely in the near future [1][7]. Financial Performance - Walgreens reported a wider net loss in its fiscal first quarter compared to the previous year, but noted several operating improvements across its business segments [2]. - The company's stock price surged by over 25% following the earnings report, increasing its market value and making it less attractive for private equity buyout [4]. Strategic Initiatives - CEO Tim Wentworth highlighted that Walgreens maintained its script market share in U.S. pharmacy, showed strong returns in its international business, and exceeded expectations in its U.S. healthcare segment [4]. - The company is progressing on essential opportunities for its long-term turnaround, including a footprint optimization plan that involves significant store closures [5][6]. Market Outlook - Analysts believe Walgreens is on the path to recovery without the need for private equity assistance, with expectations for continued execution on its optimization strategy [5][6]. - The company plans to close approximately 450 stores in the full year, with 70 closures already mentioned in the quarter [6].