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WBA’s first quarter earnings beat estimates

WBA’s first quarter earnings beat estimates

DEERFIELD, Ill. — Walgreens Boots Alliance posted first quarter sales and earnings that topped analysts’ forecasts. WBA reported adjusted earnings per share of $1.16, surpassing the expected $1.14. Revenue for the three-month period ended Nov. 30 was $33.38 billion, ahead of the projected $32.84 billion. Walgreens’ front end sales grew 0.8 percent, with same-store sales

WBA expands disability representation

WBA expands disability representation

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) is strengthening its commitment to increasing the representation of people with disabilities at all levels across the company’s U.S. segments and redesigning its annual bonus plan in the U.S. to include a disability representation metric to drive this commitment. The company will be the first in the

VillageMD to acquire Summit Health-CityMD

VillageMD to acquire Summit Health-CityMD

DEERFIELD, Ill –VillageMD announced Monday that it has entered a definitive agreement to acquire Summit Health-CityMD, a leading provider of primary, specialty and urgent care. The transaction is valued at approximately $8.9 billion with investments from Walgreens Boots Alliance, Inc. (WBA) and an affiliate of Evernorth, a subsidiary of Cigna Corp. Together, VillageMD and Summit

Industry Day focuses on health, partnerships

Industry Day focuses on health, partnerships

PHILADELPHIA — High inflation and the fear that the only way to fix it is to start a recession are among the concerns facing mass retailers and consumer packaged goods manufacturers in the coming months, according to speakers at The Emerson Group’s recent Industry Day event here. But while the challenges are real, participants in

WBA’s Q4 results beat expectations

WBA’s Q4 results beat expectations

DEERFIELD, Ill. _ Walgreens Boots Alliance topped analysts’ projections for fourth quarter revenue and earnings. WBA posted adjusted earnings per share of 80 cents for the period ended Aug. 31, exceeding Wall Street’s expectation of 77 cents. Revenue of $32.45 billion surpassed the predicted $32.09 billion. A fall off in COVID-19 vaccinations and a charge

WBA to fully acquire CareCentrix

WBA to fully acquire CareCentrix

DEERFIELD, Ill. — Walgreens Boots Alliance Inc., which acquired a majority stake in CareCentrix in August, is moving ahead to take full ownership of the home care company. WBA says the move will expand its reach into the growing home care sector and advance its healthcare long-term growth strategy. CareCentrix CEO will join WBA to

WBA announces leadership changes

WBA announces leadership changes

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced on Tuesday a new leadership structure for its U.S. business segment with Walgreens president John Standley leaving the company to pursue other opportunities. The new segment will now be organized under two leaders: Pharmacy led by Lee Cooper, and Retail led by Tracey Brown, president, Walgreens Retail

WBA strengthens tech leadership team

WBA strengthens tech leadership team

DEERFIELD, Ill.  — Walgreens Boots Alliance (WBA)  announced Thursday that it is further strengthening its leadership with the appointments of Inderpal Bhandari to its board of directors and Hsiao Wang as senior vice president and chief information officer (CIO), bringing deep technology expertise in the healthcare and retail sectors. The company’s board of directors has

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