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Walgreens results top estimates as drugstore chain works to slash costs

CNBC
Summary
Nutrition label

88% Informative

Walgreens posted growth across its three business segments in the fiscal first quarter .

The company capped off a rocky past year marked by pharmacy reimbursement pressure, softer consumer spending and challenges related to its push into primary care, among other issues.

The results come amid reports that the company is in talks to sell itself to private equity firm Sycamore Partners .

Shares climbed more than 5% in premarket trading.

VR Score

91

Informative language

90

Neutral language

92

Article tone

informal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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