by Mike Duff | Jun 26, 2025 | Retail Articles
As it prepares to go private, Walgreens Boots Alliance beat third-quarter analyst estimates although retail comparable sales slipped 2.4%. Company loss was $175 million, or 20 cents per diluted share, versus net earnings of $344 million, or 40 cents per diluted share,...
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...