WBA beats Q1 projections, cuts dividend

January 4, 2024 by Chain Drug Review first quarter, Pessina, WBA, Wentworth Featured Articles, Leading Headlines

DEERFIELD, Ill. — Walgreens Boots Alliance topped Wall Street’s expectations for first quarter sales and earnings, but slashed its quarterly dividend nearly in half. WBA cut its dividend to 25 cents per share from 48 cents per share, reducing the payout for the first time in nearly five decades. New CEO Tim Wentworth, who took