WBA

WBA announces consumer-centric health care strategy

WBA announces consumer-centric health care strategy

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) launched on Thursday its new consumer-centric health care strategy to drive sustainable, long-term profitable growth. The plan features the launch of Walgreens Health, a new business segment enabled by investments in VillageMD and CareCentrix, accelerating the company’s capabilities in primary care, post-acute care and home care. The strategic

WBA makes $5.2 billion investment in VillageMD

WBA makes $5.2 billion investment in VillageMD

DEERFIELD, Ill. —  Walgreens Boots Alliance (WBA) has agreed to make an additional investment in VillageMD to advance its strategic position in the delivery of value-based primary care, a $1 trillion, fast-growing segment of the health care system. The companies said on Thursday that the $5.2 billion investment will accelerate the opening of at least

WBA’s fourth quarter results beat expectations

WBA’s fourth quarter results beat expectations

DEERFIELD, Ill. — Walgreens Boots Alliance beat Wall Street’s expectations for fourth quarter revenue and earnings, with COVID-19 vaccinations and tests boosting traffic and demand rising for cough-cold medications and vitamins. Walgreens administered 13.5 million vaccines during the three months ended August 31 — almost double the 7 million it had expected to provide. Adjusted

WBA makes majority investment in Shields Health Solutions

WBA makes majority investment in Shields Health Solutions

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and Shields Health Solutions announced  on Tuesday that WBA, through its wholly-owned subsidiary, Walgreen Co., is making a majority investment in Shields, an industry leader in integrated, health system-owned specialty pharmacy care. WBA’s investment signifies another step the company is taking to accelerate innovative healthcare models for future

WBA announces three key leadership appointments

WBA announces three key leadership appointments

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. has named Tracey Brown to the newly created post of president of retail products and chief customer officer at Walgreens. The appointment, one of three announced Friday at WBA, is meant to emphasize Walgreens’ customer experience across all consumer touchpoints, the company said. WBA also named Danielle Gray

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

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