BAVIS_1170x120_10-22-20

WBA

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

WBA finalizes deal with McKesson Corp.

WBA finalizes deal with McKesson Corp.

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.

WBA unveils strategic plan for profitable growth

WBA unveils strategic plan for profitable growth

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,

WBA marks milestone with Vitamin Angels

WBA marks milestone with Vitamin Angels

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,

WBA unveils second DE&I Report

WBA unveils second DE&I Report

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

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