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WBA to retain ownership of Boots business

WBA to retain ownership of Boots business

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

Walgreens, VillageMD coming to Massachusetts

Walgreens, VillageMD  coming to Massachusetts

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

WBA’s Q2 results beat expectations

WBA’s Q2 results beat expectations

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

Walgreens, VillageMD expand to New Hampshire

Walgreens, VillageMD expand to New Hampshire

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,

WBA releases latest ESG report

WBA releases latest ESG report

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

WBA’s first quarter earnings far surpass expectations

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 begins strategic review of Boots business

Walgreens begins strategic review of Boots business

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

WBA’s first quarter results surpass expectations

WBA’s first quarter results surpass expectations

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

Walgreens might sell Boots to private equity

Walgreens might sell Boots to private equity

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

Walgreens, VillageMD to expand in San Antonio

Walgreens, VillageMD to expand in San Antonio

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

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