Walgreens Boots Alliance Has Announced Footprint Optimization Program Targeting Approximately 1,200 Closures Over The Next Three Years, Including Approximately 500 Closures In Fiscal 2025, Which Will Be Immediately Accretive To Adjusted EPS And Free Cash Flow
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Walgreens Boots Alliance has announced a footprint optimization program, planning to close approximately 1,200 stores over the next three years. This includes around 500 closures in fiscal 2025, which is expected to be immediately accretive to adjusted EPS and free cash flow.
October 15, 2024 | 11:03 am
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Walgreens Boots Alliance is closing 1,200 stores over three years, with 500 closures in fiscal 2025. This move is expected to immediately boost adjusted EPS and free cash flow.
The closure of 1,200 stores is a significant strategic move for Walgreens Boots Alliance, aimed at optimizing its footprint. The immediate accretive impact on adjusted EPS and free cash flow suggests a positive financial outcome, likely leading to a short-term increase in stock price.
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