WSL Future of Health Event


WBA closing stores after missing Q3 profit forecasts

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) will shutter an additional 300 Boots outlets in the U.K. and 150 Walgreens stores, and cut hours at other U.S. stores, global chief financial officer James Kehoe said during a conference call discussing third quarter results. The actions are among “cost-saving initiatives” that Kehoe noted after the company

WBA posts mixed third quarter results

WBA posts mixed third quarter results

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Tuesday reported mixed results for its third quarter, beating analysts’ sales estimates but falling short of profit expectations. Sales for the period ended May 31 advanced 8.6% from the year-ago quarter to $35.4 billion, topping Wall Street’s forecast of $33.79 billion. But adjusted earnings per share came

Dollar General’s sales and profits climb in Q3

GOODLETTSVILLE, Tenn. — Dollar General Corp.’s third quarter operating profit rose 10.5% to $735.5 million, as sales climbed 11.1% to $9.5 billion. Same-store sales for the period ended October 28 advanced 6.8%. “We are thankful to our team for their continued dedication to serving others, particularly in a challenging economic and operating environment,” said Jeff

Dollar Tree’s sales climb 8.1% in Q3

CHESAPEAKE, Va. — Dollar Tree executives said the retailer’s new pricing strategy lifted operating income nearly 23% to $381 million in the third quarter ended October 29. Top-line sales rose 8.1% to $6.94 billion. Comparable-store sales at its Dollar Tree stores increased 8.6% from a year earlier, while comps at its Family Dollar stores were

Amazon posts profit in Q3

SEATTLE — Amazon reported that its net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in the third quarter of 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased by 19% compared with last year’s third quarter. Net

CVS’ Q3 sales and earnings surpass forecasts

WOONSOCKET, R.I. — Both sales and adjusted earnings exceeded Wall Street’s expectations during the third quarter at CVS Health, buoyed by an increase in store traffic that was driven by prescription growth and COVID-19 vaccinations. As a result, management once again raised its full-year guidance. Reported, or GAAP, net income for the three months ended

Walmart comp sales grow 6.4% in Q3

Walmart comp sales grow 6.4% in Q3

BENTONVILLE, Ark. — Walmart’s comp-store sales in its U.S. division grew 6.4% in the third quarter, with gains across such key categories as general merchandise, health & wellness and food. Walmart U.S. eCommerce sales increased by 79% with strong results across all channels and contributed approximately 570 basis points to comp sales. Walmart’s total revenue

Rite Aid Q3 earnings meet Wall Street’s forecast

Rite Aid Q3 earnings meet Wall Street’s forecast

CAMP HILL, Pa. – Rite Aid Corp. posted fiscal 2016 third-quarter adjusted earnings in line with Wall Street estimates and announced a special shareholders meeting to vote on its $17.2 billion deal to be acquired by Walgreens Boots Alliance Inc. Rite Aid said Thursday that for the third quarter ended Nov. 28, net income totaled