DEERFIELD, Ill. — Walgreens Boots Alliance topped Wall Street’s expectations for first quarter sales and earnings, but slashed its quarterly dividend nearly in half. WBA cut its dividend to 25 cents per share from 48 cents per share, reducing the payout for the first time in nearly a decade. New CEO Tim Wentworth, who took
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) has released its fiscal year 2022 ESG report, detailing the company’s efforts to live up to its stated purpose of creating more joyful lives through better health. WBA yesterday hosted a virtual event, featuring report highlights and discussions with ESG thought leaders. In addition to sharing the company’s
DEERFIELD, Ill –VillageMD announced Monday that it has entered a definitive agreement to acquire Summit Health-CityMD, a leading provider of primary, specialty and urgent care. The transaction is valued at approximately $8.9 billion with investments from Walgreens Boots Alliance, Inc. (WBA) and an affiliate of Evernorth, a subsidiary of Cigna Corp. Together, VillageMD and Summit
PHILADELPHIA — High inflation and the fear that the only way to fix it is to start a recession are among the concerns facing mass retailers and consumer packaged goods manufacturers in the coming months, according to speakers at The Emerson Group’s recent Industry Day event here. But while the challenges are real, participants in
DEERFIELD, Ill. — Walgreens Boots Alliance Inc., which acquired a majority stake in CareCentrix in August, is moving ahead to take full ownership of the home care company. WBA says the move will expand its reach into the growing home care sector and advance its healthcare long-term growth strategy. CareCentrix CEO will join WBA to
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is being reported to have started the sales process for its Boots chain in the U.K. after confirming it was considering selling the unit earlier this month. according to Bloomberg News. The company sent out preliminary information to possible bidders ahead of first-round bids expected in the coming
DEERFIELD, Ill. — Walgreens Boots Alliance is thinking of selling its Boots chain in the U.K. in order to devote more attention to its North American business, according to published reports. The company has reportedly enlisted Goldman Sachs to advise it on its options, which include selling the British chain, keeping it, or listing it
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Thursday announced a new long-term growth strategy based on delivering consumer-centric health care. As part of that effort, the company is launching a new business segment, Walgreens Health, that is enabled by investments in VillageMD and CareCentrix and designed to accelerate the company’s capabilities in primary care,
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) said Tuesday that it has been named to 3BL Media’s annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest, publicly listed companies in the U.S. “Being a good corporate citizen is central to our business. By consistently responding
DEERFIELD, Ill. — Walgreens Boots Alliance’s second-quarter earnings easily beat analysts’ projections, as sales rose 4.6% to $32.8 billion. WBA posted adjusted earnings of $1.21 billion, or $1.40 per share, well ahead of Wall Street’s estimate of $1.11. The company elevated its full-year guidance to mid-to-high single-digit growth in constant currency adjusted EPS from both
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. will hold its virtual annual stockholders’ meeting on January 28 at 8 a.m. (Central Standard Time), the company said. A live audio webcast of the meeting will be available through the WBA investor relations website at https://investor.walgreensbootsalliance.com. A replay of the meeting will be archived on the website for
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has made a majority investment in iA, a leading-edge provider of software enabled automation solutions for retail, hospital, federal health care and mail-order pharmacy markets. WBA’s investment will support iA’s expansion and further development of pharmacy automation solutions to benefit the entire pharmacy industry. For millions of