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Is Walgreens Boots Alliance on the Right Track?
The Motley Fool· 2024-01-10 18:02
In this podcast, Motley Fool analyst Bill Barker and host Deidre Woollard discuss:The big tasks ahead for Walgreens Boots Alliance's new CEO.What a dividend drop might be signaling.How price drops impacted Cal-Maine.Motley Fool analyst Jim Gillies and host Ricky Mulvey talk about pullback stocks including Aritzia and Shopify.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full tra ...
Walgreens CEO says company is using its stores and brand to boost health-care business
CNBC· 2024-01-08 23:45
Walgreens CEO Tim Wentworth told CNBC's Jim Cramer that the company is using its stores and brand to bolster its developing health-care business.Walgreens has made significant investments over the past few years to expand beyond a drugstore chain into a large health-care company. Wentworth acknowledged that the company has been closing stores to make sure it has the "right optimized footprint," but challenged the notion that Walgreens has to fully pivot from its stores to pursue its health-care goals."If yo ...
Walgreens Boots Alliance, Inc. (WBA) J.P. Morgan 42nd Annual Healthcare Conference (Transcript)
2024-01-08 18:52
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) J.P. Morgan 42nd Annual Healthcare Conference January 8, 2024 11:15 AM ET Company Participants Tim Wentworth - Chief Executive Officer Manmohan Mahajan - Interim Global Chief Financial Officer Conference Call Participants Lisa Gill - J.P. Morgan Lisa Gill Maybe it's just me. Oh, there we go. Good morning. My name is Lisa Gill, and I'm the healthcare services analyst with J.P. Morgan. It is with great pleasure this morning that I have with me Walgreens Boots Allian ...
Walgreens Boots Alliance, Inc. (WBA) J.P. Morgan 42nd Annual Healthcare Conference (Transcript)
Seeking Alpha· 2024-01-08 18:52
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) J.P. Morgan 42nd Annual Healthcare Conference January 8, 2024 11:15 AM ET Company Participants Tim Wentworth - Chief Executive Officer Manmohan Mahajan - Interim Global Chief Financial Officer Conference Call Participants Lisa Gill - J.P. Morgan Lisa Gill Maybe it's just me. Oh, there we go. Good morning. My name is Lisa Gill, and I'm the healthcare services analyst with J.P. Morgan. It is with great pleasure this morning that I have with me Walgreens Boots Allian ...
Walgreens Celebrates 15 Years of the Expressions Challenge
Businesswire· 2024-01-08 15:00
DEERFIELD, Ill.--(BUSINESS WIRE)--The Expressions Challenge by Walgreens officially launches today, January 8 and runs through March 31, 2024. What started 15 years ago in Chicago to provide roughly 300 high school teenagers a chance to express themselves through art on HIV and AIDS, is now reaching millions of teenagers across all 50 states of the United States - including Washington DC, Puerto Rico and the US Virgin Islands – and allowing them to express themselves on a variety of issues impacting teens. ...
Cracks Appear In Walgreens Clinic Strategy As Patient Panels Go Unfilled
Forbes· 2024-01-07 13:00
In an interview, Walgreens chief executive Tim Wentworth said VillageMD and Walgreens have slowed ... [+] the growth of doctor-staffed clinics adjacent to Walgreens drugstores in part because the operators haven’t been able to fill their so-called “panels,” which are a certain number of individual patients under the care of a specific provider.VillageMDWalgreens chief executive’s disclosure last week that VillageMD’s doctor-staffed clinic expansion plan needed to go “on a diet” highlights certain risks in t ...
Boots mulls £7 billion London IPO
Proactive Investors· 2024-01-05 14:43
The owner of Boots could be considering a £7 billion London listing for the high street pharmacy company, reviving exit talks two years after a planned sale fell through. Tim Wentworth, the chief executive officer of Walgreens Boots Alliance Inc (NASDAQ:WBA), revealed “everything is on the table" when it comes to planning the next step for the UK retailer. He added that the US owner is “evaluating all strategic options to drive sustainable long-term shareholder value”. In January 2022, the company placed Bo ...
Walgreens Is Cutting Its Big-Time Dividend. Time to Buy the Beaten-Down Dow Stock?
The Motley Fool· 2024-01-05 10:33
Walgreens Boots Alliance (WBA -5.12%) got the bad news out early in 2024. The pharmacy company is cutting its dividend by nearly 50%. That ended a streak of 47 years of dividend growth. That reduction will enable Walgreens to retain more cash to fund its growth and strengthen its balance sheet. Here's a look at whether now's the time to buy the beaten-down member of the Dow Jones Industrial Average, which lost 30% of its value last year compared to the iconic index's nearly 14% rise. The end of an eraWalgre ...
Walgreens (WBA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-01-05 00:34
Walgreens Boots Alliance (WBA) reported $36.71 billion in revenue for the quarter ended November 2023, representing a year-over-year increase of 10%. EPS of $0.66 for the same period compares to $1.16 a year ago.The reported revenue represents a surprise of +5.10% over the Zacks Consensus Estimate of $34.92 billion. With the consensus EPS estimate being $0.63, the EPS surprise was +4.76%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...
Walgreens May Have Sped Its Exit From Dow Industrials With Dividend Cut
Barrons· 2024-01-04 19:56
Walgreens May Have Sped Its Exit From Dow Industrials With Dividend Cut ...