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Walgreens Boots stock jumps 12% after better-than-expected Q4 results and plans to close 1,200 stores

Investor's Business Daily
Summary
Nutrition label

75% Informative

Walgreens Boots reported slightly better-than-expected fourth-quarter earnings and revenue.

The drug store giant saw Q4 EPS fall 42% to 39 cents per share while revenue increased 6% to $37.54 billion .

WBA stock jumped more than 12% to 10.11 during market action on Tuesday .

The company plans to close about 1,200 stores in the next three years .

VR Score

81

Informative language

89

Neutral language

15

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formal

Language

English

Language complexity

34

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not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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