Walgreens Boots Alliance

Walgreens Boots to Sell Unit to AmerisourceBergen
M&A

Walgreens Boots to Sell Unit to AmerisourceBergen

The $6.5 billion sale of the Alliance Healthcare pharmacy distribution will enable Walgreens to focus on its core retail operations.
By Matthew Heller | January 6, 2021
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Walgreens Swings to Loss as COVID Hits Sales
Financial Performance

Walgreens Swings to Loss as COVID Hits Sales

The pandemic had an adverse impact on sales in the third quarter of about $700 million to $750 million though sales rose in the U.S.
By Matthew Heller | July 9, 2020
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Disclosures Amid COVID-19: “None of This Has Been Done Before”
Risk & Compliance

Disclosures Amid COVID-19: “None of This Has Been Done Before”

Once the dust finally settles from the COVID-19 crisis, the last thing issuers will want is to face an inquiry and possible enforcement action by the SEC.
By Vincent Ryan | May 6, 2020
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Walgreens Stock Jumps 4% on Earnings Beat
Financial Performance

Walgreens Stock Jumps 4% on Earnings Beat

“Following a difficult second quarter, we made progress in the third quarter against the strategic goals we set," CEO Stefano Pessina says.
By Matthew Heller | June 27, 2019
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Walgreens Slashes 2019 Outlook, Shares Dip 12%
Financial Performance

Walgreens Slashes 2019 Outlook, Shares Dip 12%

The company's second-quarter report showed the continuing impact of shrinking generic drug sales on the country's largest pharmacy chains.
By Matthew Heller | April 2, 2019
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Pharmacy Sales Prescribe Growth for Walgreens
Strategy

Pharmacy Sales Prescribe Growth for Walgreens

The drugstore chain's pharmacy same-store sales rose 5.1% in Q2, offsetting a 2.7% drop in retail comparable sales.
By Matthew Heller | March 28, 2018
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Rite Aid Misses Estimates, Comp Sales Drop
Strategy

Rite Aid Misses Estimates, Comp Sales Drop

Prescription reimbursement rates "remain our largest challenge and we expect that to continue for the remainder of the fiscal year," the company says.
By Matthew Heller | December 24, 2016
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Walgreens Boots Alliance Narrows 2016 Forecast
The Economy

Walgreens Boots Alliance Narrows 2016 Forecast

Sales rose 14% for the second quarter but still fell short of analysts' projections.
By Katie Kuehner-Hebert | April 5, 2016
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