Key Takeaways Walgreens shares jumped Friday morning after the retailer recorded better sales and adjusted profits than analysts had expected.Revenue rose from last year, while the company recorded a larger net loss than expected as it starts a turnaround plan that includes closing 1,

Walgreens Boots Alliance ($WBA) stock was up 0.43% in after-hours trading on Wednesday ahead of the pharmacy chain’s first-quarter earnings results, lifting retail sentiment. Walgreens was scheduled to report its earnings before the opening bell on Thursday but rescehduled the release due to the holiday observance for former president Jimmy Carter’s recent death.

A dozen Walgreens in San Francisco will close in February, following some other pharmacy closures in the Bay Area and across the country.

Walgreens announced it was closing a dozen stores in San Francisco because of what it called "increased regulatory and reimbursement pressures" in the latest round of retail store closures in the city.