Stefano Pessina

WBA appoints John Standley president of Walgreens

WBA appoints John Standley president of Walgreens

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced on Monday the appointment of John Standley as president of Walgreens, effective immediately. He will lead all Walgreens operations, and will have responsibility for the development, growth and management of the business as the company continues to build on its leadership in the rapidly evolving healthcare sector.

Pessina, as usual, is several moves ahead

Pessina, as usual, is several moves ahead

Stefano Pessina’s decision to step down as Walgreens Boots Alliance’s chief executive officer has triggered speculation in the retail pharmacy and drug wholesaling sectors about the change, its timing and what it might portend for the company. Those who have followed WBA since its formation and, prior to that, Alliance Boots, which Pessina merged with

WBA reports fiscal 2020 third quarter results

WBA reports fiscal 2020 third quarter results

DEERFIELD, Ill. —  Walgreens Boots Alliance (WBA) said on Thursday its financial results for the fiscal 2020 third quarter, which ended May 31,  were significantly impacted by the COVID-19 pandemic. “Prior to the pandemic our financial performance for fiscal 2020 was on track with our expectations. However, this unprecedented global crisis led to a loss

Walgreens expands partnership with VillageMD

Walgreens expands partnership with VillageMD

DEERFIELD, Ill.  – Walgreens Boots Alliance (WBA) and VillageMD announced Wednesday that Walgreens will be the first national pharmacy chain to offer full-service doctor offices co-located at its stores at a large scale, following a highly successful trial begun last year. This expanded partnership will open 500 to 700 “Village Medical at Walgreens” physician-led primary care clinics

Walgreens’ Pessina issues statement on George Floyd’s death

Walgreens’ Pessina issues statement on George Floyd’s death

Stefano Pessina, executive vice chairman and chief executive officer of Walgreens Boots Alliance has issued the following statement to customers, store team members and communities across America on the killing of George Floyd and protests that followed: “On behalf of everyone at Walgreens Boots Alliance, we share the sadness and sense of injustice felt by

WBA’s Q2 sales and earnings top projections

WBA’s Q2 sales and earnings top projections

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. posted better than expected second quarter sales and earnings Thursday. The company’s adjusted earnings per share of $1.52 topped Wall Street’s forecast of  $1.46. Sales of $35.82 billion beat the projection of $35.27 billion. The quarter ended February 29, before the number of COVID-19 cases in the U.S. swelled

WBA Q1 results miss projections

WBA Q1 results miss projections

DEERFIELD, Ill. — Walgreens Boots Alliance’s first quarter results fell short of Wall Street’s forecast. Adjusted earnings per share for the period ended November 30 were $1.37, while analysts had projected $1.41. Adjusted net earnings slid 11.8% to $1.2 billion, down 11.6% on a constant currency basis, from the year-ago period. Revenue also missed expectations,

The American-Italian Cancer Foundation honors Stefano Pessina

The American-Italian Cancer Foundation honors Stefano Pessina

NEW YORK – On Tuesday night, the American-Italian Cancer Foundation (AICF) presented Stefano Pessina, executive vice chairman and chief executive officer of Walgreens Boots Alliance (WBA) with the Alessandro di Montezemolo Lifetime Achievement Award for his outstanding career in health care. AICF, a New York nonprofit supporting cancer research and early detection, honored Pessina at

Centene, Walgreens and RxAdvance partner

Centene, Walgreens and RxAdvance partner

DEERFIELD, Ill. – Centene Corp., Walgreens and RxAdvance announced on Thursday a strategic partnership to introduce an innovative model for pharmacy management that aims to increase transparency, enhance customer experience and ultimately result in better health outcomes at lower costs. The partnership builds upon an existing Centene and Walgreens relationship, leveraging Walgreens trusted retail pharmacy

Walgreens beats Q3 earnings forecasts

Walgreens beats Q3 earnings forecasts

DEERFIELD, Ill. — Walgreens Boots Alliance’s (WBA’s) third quarter profit beat analysts’ expectations, as U.S. pharmacy sales rose 4.3% in the period ended May 31. Net earnings slipped 23.6% to $1 billion compared to the year-ago quarter, while net earnings per share decreased 16.5% to $1.13. Stripping out special items, the company earned $1.47 per

WBA, Microsoft pair to transform health care

WBA, Microsoft pair to transform health care

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) and Microsoft Corp. have teamed up to develop new health care delivery models, technology and retail innovations to advance and improve the future of health care. The companies will combine the power of Microsoft Azure, Microsoft’s cloud and AI platform, health care investments, and new retail solutions with WBA’s

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