Just because Walgreens' dividend yield is lower doesn't mean the payout is secure.At the start of 2024, Walgreens Boots Alliance (WBA 0.79%) made a big move, announcing that it would be slashing its dividend by 48%. While it was bad news for income investors relying on the dividend, it was a decision that shouldn't have come as too big of a surprise given the company's lackluster earnings results and poor financials. But given the stock's struggles, Walgreens' dividend yield remains high at around 5%.The co ...

Walgreens Boots Alliance (WBA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this largest U.S. drugstore chain have returned -11.4%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Retail - Pharmacies and Drug Stores industry, which Walgreens falls in, has lost 1.5%. The key question now is: Wha ...

A dirt cheap valuation is at the core of the lofty price target.It's been a difficult decade for investors in retail and pharmacy company Walgreens Boots Alliance (WBA 0.88%). The stock has been trending downward for years as persistent challenges soured market sentiment.An analyst at TD Cowen remains optimistic that Walgreens stock could see a major rebound. While TD Cowen reduced its price target from $37 to $35 today, it maintained a buy rating on the stock. Based on the current stock price, the new pric ...

WASHINGTON,DC-FEBRUARY 12: An exterior of Walgreens where a security guard shot an alleged armed ... [+] robber inside the store in Chinatown, Washington, DC on February 12, 2024. (Photo by Marvin Joseph/The Washington Post via Getty Images)The Washington Post via Getty ImagesWalgreens recently reported its Q2’24 results (fiscal ends in August), with revenue and earnings exceeding the street expectations. The company reported revenue of $37.1 billion and adjusted earnings of $1.20 per share, compared to the ...

Walgreens Boots Alliance (WBA 3.19%) has been a brutal investment for the past nine years. Shares are down more than 75% from the all-time high, reached way back in early 2015. The one saving grace for investors during much of this period was the company's dividend, which the Board was still steadily increasing every year. From 2014 through late 2023, the payout was increased 40%.Well, even that's gone, with the near-halving of the dividend late last year now resulting in a payout that's 26% lower than it w ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended February 29, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From _______to _______ Commission File Number 001-36759 WALGREENS BOOTS ALLIANCE, INC. (Exact name of registrant as specified in its charter) (State or Other Juris ...

Second Quarter Fiscal 2024 Results March 28, 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 1995. These include, without limitation, estimates of and goals for future operating, financial and tax performance and results, including ...

Exhibit 99.1 Walgreens Boots Alliance Reports Fiscal 2024 Second Quarter Results Second quarter operational results in line with expectations, U.S. Healthcare achieved adjusted EBITDA profitability, narrowing full-year adjusted EPS guidance range Second quarter financial highlights • Second quarter loss per share* was $6.85 compared to earnings per share of $0.81 in the year-ago quarter; Second quarter results included a $5.8 billion after-tax non-cash impairment charge related to VillageMD goodwill • Adjus ...

CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, saying to watch out for earnings from Walgreens as well as new data about consumer spending."We're no longer fighting the Fed, people — they don't seem inclined to raise rates when they're supposed to be cutting them, that doesn't make sense," he said. "And that means, even if we hear a lot of noise about an overheated inflation number, I'd, yes, consider it a buying opportunity."On Monday, Cramer will ...

In the latest market close, Walgreens Boots Alliance (WBA) reached $20.80, with a -1.38% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.32% for the day. Meanwhile, the Dow experienced a rise of 0.68%, and the technology-dominated Nasdaq saw an increase of 0.2%.The the stock of largest U.S. drugstore chain has fallen by 3.03% in the past month, lagging the Retail-Wholesale sector's gain of 5.25% and the S&P 500's gain of 5.11%.The investment community ...