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Walgreens Boots Alliance reports Q3 adjusted EPS 38c, consensus 34c

Reports Q3 revenue $38.99B, consensus $36.72B. CEO Tim Wentworth said: “Third quarter results reflect continued improvement in our U.S. Healthcare segment and benefits from our cost savings initiatives, while we continued to see weakness in our U.S. front-end sales. We remain focused on our turnaround plan, which will require time, disciplined focus and a balanced approach to manage future cash needs with investments necessary to navigate an evolving pharmacy and retail environment.”

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