Walgreens Boots Alliance (WBA -0.83%) is a household name in the country and the pharmacy retailer is a trusted brand for millions of customers. But the business has had a difficult time generating any meaningful growth. It has pivoted to healthcare and the launch of primary clinics, but this move could take years to pay off.As it has focused more on growth, the company took a significant step earlier this year, cutting its dividend to free up some cash. This should help with its long-term growth strategy. ...

Walgreens (NASDAQ:WBA) stock is sinking 2% in early trading after S&P Global announced that the pharmaceuticals retailer would be removed from the Dow Jones Industrial Average (DJIA), effective Feb. 26. Amazon (NASDAQ:AMZN) will replace WBA stock in the Dow Jones index on that day.WBA Stock Is Out, AMZN Is InS&P cited two main reasons for its decision. First, it noted that the move was prompted by “the evolving nature of the American economy” and added that “this change will increase consumer retail exposur ...

Justin Sullivan Introduction The stock of the integrated pharmacy, healthcare, and retail specialist- Walgreens Boots Alliance (NASDAQ:WBA), has been a source of wealth destruction for a long time now. After peaking at the $93 level in July 2015, the stock has been on a long slump, giving up 65% of its value since then, even as the market has delivered exceptional returns of 180%! YCharts Considering the long period of underperformance, investors may be apprehensive about considering this stock, but we thin ...

Walgreens Boots Alliance (WBA) closed at $22.31 in the latest trading session, marking a +1.5% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.6% for the day. Elsewhere, the Dow saw a downswing of 0.17%, while the tech-heavy Nasdaq depreciated by 0.92%.Coming into today, shares of the largest U.S. drugstore chain had lost 2.57% in the past month. In that same time, the Retail-Wholesale sector gained 5.07%, while the S&P 500 gained 3.56%.Investors will be eagerly watchin ...

DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that Chief Executive Officer, Tim Wentworth, and Global Chief Financial Officer, Manmohan Mahajan, will be presenting at the 44th Annual TD Cowen Health Care Conference, Monday, March 4 at 9:10 a.m. EST. An audio portion of the presentation will be webcast live and can be accessed through the Walgreens Boots Alliance investor relations website at https://investor.walgreensbootsalliance.com/press-releases/events-a ...

patty_cBack in November, I upgraded Walgreens Boots Alliance (NASDAQ:WBA) to “Buy,” saying the stock could be a rebound candidate as it set a low bar and embarked on a cost-cutting campaign under new CEO Tim Wentworth. The stock is up about 6% since then. Let’s catch up on the name following its recent earnings report and other developments. FQ1 Results For its fiscal Q1 reported in January, WBA saw its revenue climb 10.0%, or 8.7% in constant currencies, to $36.7 billion. That soared past analyst estim ...

Shares of Walgreens Boots Alliance (WBA 0.22%) sank 13.6% in January, according to data provided by S&P Global Market Intelligence. The main factor weighing on the pharmacy giant was its decision to slash its dividend. That ended a streak of dividend increases that lasted nearly half a century. The end of an eraWalgreens started 2024 off on a sour note. The pharmacy giant slashed its quarterly dividend by 48%. The company made the move to strengthen its balance sheet and cash position. That will allow the c ...

Walgreens Boots Alliance chief executive officer Tim Wentworth Thursday made an interim chief ... [+] financial officer permanent and tapped a new head of the company’s growing healthcare business as he fills his executive team. In this photo, Walgreens signage is seen at a store on Court Street on January 05, 2023 in the Brooklyn Heights neighborhood of the Brooklyn borough in New York City. (Photo by Michael M. Santiago/Getty Images)Getty ImagesWalgreens Boots Alliance chief executive officer Tim Wentwort ...

DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreens Boots Alliance (Nasdaq: WBA) Chief Executive Officer Tim Wentworth today announced updates to WBA’s Executive Committee as the company advances a health services strategy rooted in its retail pharmacy footprint. “Today’s announcement solidifies the leadership team that will carry WBA into its future as we look to expand our reach beyond neighborhood pharmacies into the fastest-growing areas of healthcare,” said Wentworth. “We have a strong team with a track rec ...

Walgreens Boots Alliance (WBA) closed the latest trading day at $22.81, indicating a -1.3% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.82%. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw an increase of 0.95%.Coming into today, shares of the largest U.S. drugstore chain had lost 8.87% in the past month. In that same time, the Retail-Wholesale sector gained 7.3%, while the S&P 500 gained 5.59%.Market participants will be close ...