WBA soars: Walgreens stock up 25% on earnings despite store closures, as investors hope the worst is over

The long-struggling chain reported better-than-expected revenue for its Q1 2025, although operating losses grew as it plans to shutter over a thousand locations.

Shares in Walgreens Boots Alliance, Inc. (Nasdaq: WBA) are surging this morning after the company reported its first quarter fiscal 2025 results. As of the time of this writing, WBA shares are currently up over 25% to $11.53 per share. That’s their highest level since August 2024.