DEERFIELD, Ill. — Walgreens Boots Alliance’s (WBA’s) first quarter sales and profits topped Wall Street’s expectations, and its own. Customers flocking to stores for COVID vaccines and tests helped drive a 7.8% increase in sales, to $33.9 billion, for the three-month period ended November 30. That easily topped analysts’ prediction of $32.7 billion. Adjusted earnings
Walgreens Boots Alliance is off to a fast start on the transformational journey that chief executive officer Roz Brewer mapped out at the company’s investor conference last fall. Results for the first quarter of the fiscal year were impressive — sales rose 7.6% on a constant currency basis, while adjusted earnings per share increased 53%,
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has begun a strategic review of its U.K.-based Boots business, according to a Reuters report, which cites remarks made by WBA chief executive officer Rosalind Brewer Tuesday at the J.P Morgan Healthcare Conference. “This review is very much in line with our renewed priorities and strategic direction,” Reuters
DEERFIELD, Ill. — Walgreens Boots Alliance far surpassed analysts’ expectations for first quarter profits, as adjusted earnings per share jumped 53.2% to $1.68. Wall Street’s consensus forecast for adjusted EPS was $1.33. With customers flocking to stores for COVID vaccines and tests, sales for the period ended November 30 climbed 7.8% from the year-ago quarter
DEERFIELD, Ill. — According to various published reports in the U.K., Walgreens Boots Alliance may sell its Boots pharmacies to private equity firms. The Sunday Times in London said Walgreens “received an acquisition approach from Bain Capital more than two months ago” and “is positioning itself as a leader in an upcoming auction for boots
DEERFIELD, Ill.— Walgreens Boots Alliance (WBA) and VillageMD plan to expand into San Antonio with the opening of nine Village Medical at Walgreens primary care practices over the next year, the companies said on Wednesday. These openings represent expansion into the fifth major market in Texas, following Houston, El Paso, Austin and Dallas. Through the
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and McKesson Corp. reached an agreement on Tuesday for WBA to acquire the remaining 30% share of their GEHE Pharma Handel (GEHE) and Alliance Healthcare Deutschland (AHD) joint venture. Following this transaction, WBA will become the 100% owner of the combined GEHE and Alliance Healthcare businesses in Germany.
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and VillageMD are planning to open more than 20 new Village Medical at Walgreens primary care practices in the Dallas area over the next year, the companies said Tuesday. The first Village Medical at Walgreens location in Dallas opened on Oct. 26 at 5001 Ross Ave., with several
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) has agreed to make an additional investment in VillageMD to advance its strategic position in the delivery of value-based primary care, a $1 trillion, fast-growing segment of the health care system. The companies said on Thursday that the $5.2 billion investment will accelerate the opening of at least
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA), in collaboration with Vitamin Angels, announced on Friday that more than 300 million women and children around the world have received life-changing vitamins and minerals through their eight-year partnership. The two also announced a new goal: Reaching 500 million women and children by the end of August 2025,
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) released on Wednesday its second Diversity, Equity and Inclusion (DE&I) Report, which provides updates on the company’s bold DE&I commitments as well as its progress on leadership diversity. In addition, the report includes U.S. demographic data by race for the first time. Roz Brewer The DE&I Report, titled