KEY TAKEAWAYSWalgreens Boots Alliance said Tuesday that it is shutting around 1,200 stores over the next three years, as the drugstore chain moves to turn around its troubled U.S. business.The chain said it would shut 500 stores in fiscal 2025, and that the closures would be "immediately accretive" to its adjusted EPS and free cash flow.Walgreens also reported fourth-quarter revenue and adjusted EPS that beat Wall Street estimates.Shares of the company are rising more than 3% in premarket trading. Walgreens ...

| --- | --- | --- | |------------------------------------------------------------|-------|-------| | | | | | | | | | Fourth Quarter and Fiscal 2024 Results October 15, 2024 | | | | © 2024 Walgreens Boots Alliance, Inc. All rights reserved. | | | Safe Harbor and Non-GAAP Cautionary Note Regarding Forward-Looking Statements: All statements in this presentation that are not historical are forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 19 ...

Walgreens Boots Alliance (WBA) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this largest U.S. drugstore chain would post earnings of $0.67 per share when it actually produced earnings of $0.63, delivering a surprise of -5.97%.Over the last ...

Walgreens plans to close at least 1,200 stores over the next three years as the pharmacy giant seeks to reduce costs and turn around operations under a new leader.  One of the largest drugstore chains in the country, Walgreens said it was targeting 900 to 1,000 stores primarily across the U.S. by the end of fiscal year 2027, which is part of the company's "multi-year footprint optimization program." About 500 stores are slated to close as early as fiscal year 2025.WALGREENS TO PAY $106.8M OVER CLAIMS IT BIL ...

Walgreens announced that it will shutter 1,200 stores over the next three years — and 500 locations in 2025 alone — as the drugstore giant seeks to slash $1 billion in costs.The Chicago-based pharmacy chain, which has around 8,700 locations nationwide, told analysts on Tuesday that one in four of its stores are unprofitable.The closures were announced in June but the company had not disclosed the number of affected stores at that time. Walgreens announced that it will shutter 1,200 stores over the next thre ...

Every once in a while, a major brand name and its stock’s existence are challenged. Often, the price action and the threatening state of the company are justified, and the business does end up going under. Other times, this is not the case, and investors can catch a life-changing rally in their portfolios. Today, one stock offers investors such an opportunity.Walgreens Boots Alliance TodayWBAWalgreens Boots Alliance$9.00 -0.21 (-2.28%) 52-Week Range$8.22▼$27.05Dividend Yield11.11%Price Target$13.46Add to Wa ...

Exhibit 99.1 1 Walgreens Boots Alliance Reports Fiscal Year 2024 Earnings Fourth Quarter In Line with Expectations; Announces Accretive Footprint Optimization Program Fourth quarter financial results • Fourth quarter loss per share 1 was $3.48 versus loss per share of $0.21 in the year-ago quarter. Loss per share in the current quarter includes a non-cash charge for valuation allowance on deferred tax assets primarily related to opioid liabilities recognized in prior periods, and non-cash impairment charges ...

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021.Walgreens on Tuesday reported fiscal fourth-quarter sales and adjusted profit that beat Wall Street's expectations, as the company slashes costs in an attempt to steer itself out of a rough spot.The retail drugstore chain also said it plans to close roughly 1,200 stores over the next three years, which includes 500 in fiscal 2025 alone. The company said those closures will be "immediat ...

Walgreens "footprint optimization program" will close 1,200 U.S. stores cover the next three years, ... [+] including approximately 500 closures in fiscal 2025, the company said Oct. 15, 2024. In this photo is a sign in front of a Walgreens store in New Kensington, Pennsylvania, US, on Wednesday, Jan. 3, 2024. Photographer: Justin Merriman/Bloomberg© 2024 Bloomberg Finance LPOn a day when Walgreens Boots Alliance reported another $3 billion in losses, the drugstore chain said it will close 1,200 stores over ...

Walgreens Boots Alliance, Inc. WBA will release earnings results for its fourth quarter, before the opening bell on Tuesday, Oct. 15.Analysts expect the Deerfield, Illinois-based company to report quarterly earnings at 36 cents per share, down from 67 cents per share in the year-ago period. Walgreens projects to report revenue of $35.75 billion for the quarter, compared to $35.42 billion a year earlier, according to data from Benzinga Pro.Walgreens shares fell 2.3% to close at $9.00 on Monday.Benzinga reade ...