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Walgreens Boots Alliance

Walgreens posts double-digit earnings growth

Walgreens posts double-digit earnings growth

DEERFIELD, Ill. — Walgreens Boots Alliance posted mixed fourth quarter results, as earnings beat expectations but sales fell short of projections. Adjusted net earnings for the quarter ended August 31 rose 4.5% to $1.4 billion, up 4.5% on a constant currency basis, from a year ago. Adjusted earnings per share were $1.48, up 13% on

Walgreens Boots Alliance Q3 results top forecast

Walgreens Boots Alliance Q3 results top forecast

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA), which entered the Dow this week, topped analysts’s forecasts with its third quarter earnings, boosted its dividend and announced a $10 billion share buyback. “I am pleased that, in what has been a challenging environment, we have again delivered solid earnings per share growth combined with healthy cash flow,” said

NACDS Annual Meeting takes on more proactive approach

NACDS Annual Meeting takes on more proactive approach

PALM BEACH, Fla. – Change – confronting it and creating it – has emerged as a powerful theme of the 2018 National Association of Chain Drug Stores Annual Meeting. That fact was on display throughout Business Program remarks yesterday by NACDS chairman of the board Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance and

Walgreens pilot brings together new approaches

Walgreens pilot brings together new approaches

GAINESVILLE, Fla. — Walgreens is launching a pilot program here that incorporates new approaches to pricing, promotions, product assortment and service offerings to create a new customer experience. The program, which has been implemented in 17 stores in the Gainesville area, will be monitored over the next 12 to 18 months to gauge customer reaction

Walgreens Boots Alliance posts 2Q gains

Walgreens Boots Alliance posts 2Q gains

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) reported better-than-expected earnings and revenue on Wednesday when it announced results for the second quarter of fiscal 2018, which ended February 28. Overall, WBA earned $1.73 a share, up 27% versus a year ago. Revenue grew 12.1% to $33.02 billion. Same-store sales rose 2.4%, with comparable-pharmacy sales up

WBA reportedly aims to buy AmerisourceBergen

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is reportedly seeking to acquire drug distributor AmerisourceBergen Corp. The Wall Street Journal reported on February 13 that representatives of WBA executive vice chairman and chief executive officer Stefano Pessina made “a high-level outreach” to representatives of AmerisourceBergen CEO Steven Collis several weeks before the story came out.

Reports: WBA in talks to buy AmerisourceBergen

Reports: WBA in talks to buy AmerisourceBergen

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is in negotiations to acquire drug distributor AmerisourceBergen Corp., according to published reports. Representatives of WBA executive vice chairman and chief executive officer Stefano Pessina made “a high-level outreach” to representatives of AmerisourceBergen CEO Steven Collis several weeks ago, The Wall Street Journal reported, citing people familiar with the

Walgreens promotes Rick Gates to SVP of pharmacy

Walgreens promotes Rick Gates to SVP of pharmacy

DEERFIELD, Ill. — Rick Gates has been named senior vice president of pharmacy and health care for Walgreens. Gates most recently served as group vice president of pharmacy. With the promotion, he will oversee commercial development and sales, contracting, pharma development, pharmacy supply chain, and clinical programs and alliances, Walgreens Boots Alliance (WBA) said Thursday. He

WBA hires new chief for Boots retail chain

WBA hires new chief for Boots retail chain

DEERFIELD, Ill. — Sebastian James is joining Walgreens Boots Alliance (WBA) as senior vice president and as president and managing director of Boots, the company’s international pharmacy, health and beauty chain based in the United Kingdom. Plans call for James, currently group chief executive at European electronics and telecom retailer and service provider Dixons Carphone plc, to join

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