BAVIS_1170X120_10-19-20

WBA

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

Brindley details uniqueness of beauty at Walgreens

Brindley details uniqueness of beauty at Walgreens

DEERFIELD, Ill. — Lauren Brindley journeyed from the U.K. five years ago to leverage her expertise gleaned from Boots to differentiate the beauty experience in Walgreens stores across America. Her imprint helped burnish Walgreens’ beauty shopping experience, making her an invaluable resource as the chain looks to mirror the success Boots established in beauty. During

Walgreens and VillageMD to open additional clinics

Walgreens and VillageMD to open additional clinics

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) and VillageMD announced on Wednesday plans to open the next 40 new Village Medical at Walgreens full-service primary care clinics by the end of next summer. The news comes on the heels of a successful pilot that began in Houston last year and will eventually lead to hundreds

WBA, McKesson complete formation of German wholesale joint venture

WBA, McKesson complete formation of German wholesale joint venture

DEERFIELD, Ill.  – Walgreens Boots Alliance (WBA) and McKesson Corp. announced on Monday the completion of their previously announced agreement to create a joint venture combining their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland (AHD) and GEHE Pharma Handel (GEHE). WBA holds a 70% controlling equity interest in the joint venture and McKesson

WBA’s fourth quarter earnings top forecast

WBA’s fourth quarter earnings top forecast

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Thursday projected single-digit profit growth in fiscal 2021 after reporting better-than-expected fourth-quarter earnings, helped by higher sales at U.S. stores. Sales in U.S. stores in the quarter ended August 31 advanced 3.6%  to $27.0 billion, with same-store sales rising by the same amount. WBA said it anticipates

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