Doesn't look great, but I still have my kids shares. I tend to ignore most adjusted numbers and go with GAAP. Fact is, closing stores is expensive.
" However, Walgreens posted a net loss of $265 million, contrary to analyst forecasts for a modest profit. On an adjusted basis, the company recorded net income of $440 million, or $0.51 per share, outpacing consensus estimates of $329.34 million, or $0.38 per share.
"Adjustments accounted for expenses related to store closures"
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