DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) sales in its third quarter declined 4.2% from a year earlier on flagging demand for vaccines and COVID-19 tests. Quarterly earnings also took a $683 million hit related to the company’s settlement with the state of Florida to resolve claims tied to the dispensing of prescription opioids, the
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced on Tuesday its decision to keep its Boots and No7 Beauty Company businesses under its existing ownership. This marks the conclusion of the review that began in January in line with the company’s strategic priorities. WBA said it has been encouraged by productive discussions held with a
DEERFIELD, Ill. – Walgreens Boots Alliance and VillageMD plan to open more than 10 new Village Medical at Walgreens primary care practices in Massachusetts by the beginning of 2023, the companies said Thursday. The first location is expected to open this May in Quincy followed by locations across the state including locations in the Boston
DEERFIELD, Ill. — Increased demand for COVID-19 tests and vaccines helped lift Walgreens Boots Alliance Inc.’s second quarter results above Wall Street’s projections, as the omicron variant peaked during the period. WBA reported adjusted earnings of $1.59 per share in the three months ended Feb. 28. Revenue rose 3% to $33.76 billion. Analysts’ consensus estimates
DEERFIELD, Ill. — Walgreens Boots Alliance and VillageMD plan to open three new Village Medical at Walgreens primary care practices in the Southern New Hampshire area by the end of summer 2022, with the first opening on April 19 in Hooksett, the companies said Thursday. Additional locations will open in Manchester and Nashua. “At Walgreens,
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) has released its fiscal 2021 Environmental, Social and Governance 2021 (ESG) Report, which outlines the company’s commitment to its four corporate responsibility pillars, Healthy Communities, Healthy Planet, Healthy and Inclusive Workplace and Sustainable Marketplace. The Report highlights the company’s work in health and vaccine equity while also
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