WBA

WBA’s Q3 sales and earnings beat expectations

WBA’s Q3 sales and earnings beat expectations

DEERFIELD, Ill.— Walgreens Boots Alliance easily beat Wall Street’s estimates for third quarter sales and earnings, and raised its full year guidance. WBA’s adjusted earnings per share of $1.51 far surpassed analysts’ expectation of $1.17.  Sales for the period ended May 31 rose 12.1% to $34.03 billion, topping the projected $33.76 billion. The gain reflecting

News of Gourlay’s plans spurs swift reaction

News of Gourlay’s plans spurs swift reaction

Reports from sources close to Walgreens Boots Alliance to the effect that the company’s talented and personable senior executive Alex Gourlay was, for now at least, preparing for retirement brought a sharper reaction from the chain drug community than so important a transition usually elicits. The response was primarily the natural result of the affection

WBA gives $350,000 to help address critical COVID-19 needs in India

WBA gives $350,000 to help address critical COVID-19 needs in India

DEERFIELD, Ill. — To help address the critical need for COVID-19-related resources during a surge in cases and deaths in India, Walgreens Boots Alliance (WBA)  announced Friday a commitment of US$350,000 to the American India Foundation (AIF). For a total of $350,000 or more, WBA will: provide a direct donation of $100,000 allow its team

WBA’s Q2 earnings top forecast

WBA’s Q2 earnings top forecast

DEERFIELD, Ill. _  Walgreens Boots Alliance’s second quarter earnings easily beat analysts’ projections, as sales rose 4.6% to $32.8 billion. WBA posted adjusted earnings of $1.21 billion, or $1.40 per share, well ahead of Wall Street’s estimate of $1.11. The company elevated its full year guidance to mid-to-high single digit growth in constant currency adjusted

Brewer’s appointment lifts WBA’s expectations

Brewer’s appointment lifts WBA’s expectations

DEERFIELD, Ill. — Stefano Pessina is bullish about the future of Walgreens Boots Alliance in the wake of Rosalind Brewer’s appointment to succeed him as the company’s chief executive officer. A former CEO of Walmart’s Sam’s Club division and currently chief operating officer and group president at Starbucks Corp., Brewer will join WBA on March

WBA releases Corporate Social Responsibility Report

WBA releases Corporate Social Responsibility Report

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has released At the Heart of Health 2020 Corporate Social Responsibility (CSR) Report, which outlines the impact of its commitment to the critical needs facing communities today, including access to health care, diversity and inclusion accountability and innovative and sustainable solutions including reducing its carbon footprint and generation

WBA, AmerisourceBergen thrive on symbiosis

WBA, AmerisourceBergen thrive on symbiosis

Walgreens Boots Alliance and AmerisourceBergen earlier this month took the next but far from final step in their long-standing partnership, when the former agreed to sell the latter most of Alliance Healthcare. Valued at some $6.5 billion, the deal will bring AmerisourceBergen’s pharmaceutical distribution and health care solutions business to 13 countries, mostly in Europe,

Walgreens plans tech-enabled startup

Walgreens plans tech-enabled startup

DEERFIELD, Ill.— Walgreens Boots Alliance has shifted into high gear since the start of 2021. Building on a foundation that it painstakingly laid in recent years, the company has unleashed a salvo of initiatives designed to buttress its central role in health care and retailing. Following the realignment of its partnership with AmerisourceBergen — a

WBA makes a majority investment in iA

WBA makes a majority investment in iA

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has made a majority investment in iA, a leading-edge provider of software enabled automation solutions for retail, hospital, federal health care and mail-order pharmacy markets. WBA’s investment will support iA’s expansion and further development of pharmacy automation solutions to benefit the entire pharmacy industry. For millions of Americans,

WBA’s first quarter earnings top expectations

WBA’s first quarter earnings top expectations

DEERFIELD, Ill. — Walgreens Boots Alliance Inc.’s first quarter profits beat analysts’ projections handily. The company’s adjusted earnings per share of $1.22 topped the forecast of $1.03. Revenue for the period ended November 30 rose 5.7% to $36.3 billion, driven by gains in U.S. store sales and wholesaling. “Our first quarter results exceeded expectations as

WBA ramps up investment in VillageMD

WBA ramps up investment in VillageMD

DEERFIELD, Ill.  — Walgreens Boots Alliance (WBA) and VillageMD  announced that WBA has accelerated its investment in VillageMD to support the opening of 600 to 700 Village Medical at Walgreens primary care clinics in more than 30 U.S. markets within the next four years, with the intent to build hundreds more thereafter. Walgreens is the

WBA’s Kathleen Wilson-Thompson to retire, Pamela Puryear to fill role

WBA’s Kathleen Wilson-Thompson to retire, Pamela Puryear to fill role

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced on Monday that executive vice president and global chief human resources officer Kathleen Wilson-Thompson will retire next month and Pamela Puryear will be her successor. “Never has Kathleen’s contribution to the company been stronger than in 2020, whether leading Human Resources actions during the pandemic or being

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