by Mike Duff | Mar 10, 2025 | Retail Articles
Private equity firm Sycamore partners has acquired Walgreens Boots Alliance in a transaction estimated to total $23.7 billion. Walgreens shareholders will receive $11.45 per share in cash at the deal’s closing and one non-transferable right to receive up to $3 in cash...
by Mike Duff | Oct 15, 2024 | Retail Articles
Walgreens Boots Alliance revealed it plans to close 1,200 underperforming stores as it reported fourth-quarter earnings declines in its overall and U.S. retail operations while sales gained in both segments. Walgreens’ adjusted earnings per share and sales did...
by Mike Duff | Jun 27, 2024 | Retail Articles
Walgreens Boots Alliance, which fell short of a third-quarter earnings estimate despite better-than-expected revenues, reported it is reconfiguring its retail pharmacy operations in a plan that includes closing underperforming stores. Company net earnings were $344...
by Mike Duff | Mar 28, 2024 | Retail Articles
Walgreens Boots Alliance beat second-quarter Wall Street sales and earnings despite a decline in retail comps. Company net loss was $5.91 billion, or $6.85 per diluted share, versus net earnings of $703 million, or 81 cents per diluted share, in the year-earlier...
by Mike Duff | Jan 4, 2024 | Retail Articles
With last year’s opioid settlement behind it, Walgreens Boots Alliance posted first-quarter results exceeding Wall Street estimates despite an adjusted earnings decline and negative comps in the retail operation. Company net loss was $67 million, or eight cents...