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Walgreens Boots Alliance Inc (WBA.OQ)

WBA.OQ on NASDAQ Stock Exchange Global Select Market

35.06USD
23 Sep 2020
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Latest Key Developments (Source: Significant Developments)

Walgreens Boots Alliance Says Meeting Held Between Co's Representatives, DOJ In June With Respect To Alleged Violations In Dispensing Prescription At Co's Locations
Friday, 10 Jul 2020 

July 9 (Reuters) - Walgreens Boots Alliance Inc ::WALGREENS BOOTS ALLIANCE - MEETING HELD BETWEEN CO'S REPRESENTATIVES, DOJ IN JUNE WITH RESPECT TO ALLEGED VIOLATIONS IN DISPENSING PRESCRIPTION AT CO'S LOCATIONS.WALGREENS BOOTS ALLIANCE - EXPECTS THAT COVID-19 WILL CONTINUE TO ADVERSELY AFFECT GLOBAL ECONOMIC CONDITIONS AT LEAST THROUGHOUT 2020 AND INTO 2021.  Full Article

Covis Pharma’s Alvesco (Ciclesonide) Now Available At Walgreens For Reduced Cost
Wednesday, 15 Jan 2020 

Jan 15 (Reuters) - Covis Pharma BV::COVIS PHARMA BV - ANNOUNCES AGREEMENT WITH WALGREENS TO REDUCE COST FOR ALVESCO (CICLESONIDE) INHALATION AEROSOL.COVIS PHARMA BV - ALVESCO IS NOW AVAILABLE FOR ZERO OR REDUCED COPAY EXCLUSIVELY AT WALGREENS' MORE THAN 9,200 U.S. RETAIL PHARMACY LOCATIONS.  Full Article

Walgreens Says In Light Of J&J's Voluntary Recall, Co Is Removing All 22 Ounce J&J Baby Powder From Stores
Saturday, 26 Oct 2019 

Oct 25 (Reuters) - Walgreens::WALGREENS SAYS IN LIGHT OF J&J'S VOLUNTARY RECALL, CO IS REMOVING ALL 22 OUNCE J&J BABY POWDER FROM STORES.  Full Article

Kroger And Walgreens To Expand Exploratory Pilot To Knoxville, Tennessee
Monday, 19 Aug 2019 

Aug 19 (Reuters) - Walgreens Boots Alliance Inc ::KROGER AND WALGREENS TO EXPAND EXPLORATORY PILOT TO KNOXVILLE, TENNESSEE.CO, WALGREENS INTRODUCE NEW TEST AREA FOR RETAILERS, FEATURING EXPANSION OF KROGER EXPRESS AND KROGER PICKUP AT SELECT WALGREENS STORES.CO, WALGREENS INTRODUCE NEW TEST AREA FOR RETAILERS, FEATURING LAUNCH OF WALGREENS' OWNED-BRAND HEALTH & BEAUTY PRODUCTS IN 17 KROGER STORES.  Full Article

Walgreens Boots Alliance Says On August 9, Entered Amendment No. 1 To Term Loan Credit Agreement Amending Credit Agreement Dated Dec 5, 2018
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Walgreens Boots Alliance Inc ::WALGREENS BOOTS ALLIANCE - ON AUGUST 9, ENTERED AMENDMENT NO. 1 TO TERM LOAN CREDIT AGREEMENT AMENDING CREDIT AGREEMENT DATED DEC 5, 2018.WALGREENS BOOTS ALLIANCE - CREDIT AGREEMENT WAS AMENDED TO PERMIT CO TO BORROW, REPAY & REBORROW AMOUNTS BORROWED THEREUNDER PRIOR TO MATURITY DATE.  Full Article

Healthy.Io Enters Agreement With Walgreens Boots Alliance to Place Healthy.Io's Dip UTI Test Kits In Boots Pharmacies Throughout United Kingdom
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Healthy.Io::HEALTHY.IO - AGREEMENT WITH WALGREENS BOOTS ALLIANCE, PLACING HEALTHY.IO'S DIP UTI TEST KITS IN HUNDREDS OF BOOTS PHARMACIES THROUGHOUT UNITED KINGDOM.  Full Article

Altaire Pharma Issues Voluntary Recall Of Multiple Ophthalmic Products Sold At Walgreens
Thursday, 4 Jul 2019 

July 3 (Reuters) - ALTAIRE PHARMACEUTICALS::ALTAIRE PHARMACEUTICALS, INC. ISSUES VOLUNTARY RECALL OF MULTIPLE OPHTHALMIC PRODUCTS SOLD AT WALGREENS.ALTAIRE PHARMACEUTICALS - INITIATING RECALL DUE TO MANAGEMENT CONCERNS REGARDING SUFFICIENCY OF QUALITY ASSURANCE CONTROLS.ALTAIRE PHARMACEUTICALS - RECALLED PRODUCTS ARE MANUFACTURED & LABELED EXCLUSIVELY FOR WALGREENS.  Full Article

Boots The Chemist, Chain Owned By Walgreens Boots Alliances, Is Considering Closing More Than 200 Shops - Sky News
Tuesday, 28 May 2019 

May 28 (Reuters) - :BOOTS THE CHEMIST, CHAIN OWNED BY WALGREENS BOOTS ALLIANCES, IS CONSIDERING CLOSING MORE THAN 200 SHOPS - SKY NEWS.  Full Article

Walgreens Says Reimbursement Pressure Will Subside In Second Half Of 2019
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Walgreens Boots Alliance Inc ::CFO SAYS PHARMACY MARKET IS VERY CHALLENGING RIGHT NOW AND WE ARE SEEING SIMILAR TRENDS WITH RIVALS - CONF CALL.EXEC SAYS UNDERTAKING COMPREHENSIVE REVIEW OF WALGREENS STORE NETWORKS TO IDENTIFY UNDERPERFORMING STORES - CONF CALL.EXEC SAYS WE ANTICIPATE GROSS MARGINS TO REMAIN UNDER PRESSURE IN THE US IN THE SECOND HALF OF 2019 - CONF CALL.CFO - "OVER THE LONG TERM, WE ARE COMFORTABLE THAT OUR GROWTH MODEL CAN DELIVER MID- TO HIGH SINGLE-DIGIT ADJUSTED EPS GROWTH IN CONSTANT CURRENCIES" - CONF CALL.EXEC SAYS REIMBURSEMENT PRESSURE WILL SUBSIDE IN THE SECOND HALF OF 2019 - CONF CALL.  Full Article

Walgreens Boots Alliance Reports Q2 Adjusted Earnings Per Share Of $1.64
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Walgreens Boots Alliance Inc ::WALGREENS BOOTS ALLIANCE REPORTS FISCAL 2019 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.64.Q2 EARNINGS PER SHARE $1.24.Q2 EARNINGS PER SHARE ESTIMATE $1.72 -- REFINITIV IBES DATA.QTRLY SALES INCREASED 4.6 PERCENT TO $34.5 BILLION.RETAIL PHARMACY USA HAD Q2 SALES OF $26.3 BILLION, AN INCREASE OF 7.3 PERCENT OVER YEAR-AGO QUARTER.COMPANY INCREASED TARGETED ANNUAL COST SAVINGS FROM IN EXCESS OF $1 BILLION TO IN EXCESS OF $1.5 BILLION BY FISCAL 2022.FISCAL 2019 ADJUSTED EPS GROWTH EXPECTED TO BE ROUGHLY FLAT AT CONSTANT CURRENCY RATES.RETAIL PHARMACY INTERNATIONAL HAD Q2 SALES OF $3.1 BILLION, A DECREASE OF 7.1 PERCENT FROM YEAR-AGO QUARTER.INCREASED TARGETED ANNUAL COST SAVINGS FROM IN EXCESS OF $1 BILLION TO IN EXCESS OF $1.5 BILLION BY FISCAL 2022.DURING QUARTER, WE SAW SIGNIFICANT REIMBURSEMENT PRESSURE, COMPOUNDED BY LOWER GENERIC DEFLATION.DURING QUARTER SAW CONTINUED CONSUMER MARKET CHALLENGES IN U.S. AND UK.WALGREENS - MARKET CHALLENGES & MACRO TRENDS ACCELERATED, RESULTING IN MOST DIFFICULT QUARTER WE HAVE HAD SINCE FORMATION OF CO.WHILE CO HAD BEGUN INITIATIVES TO ADDRESS TRENDS, RESPONSE WAS NOT RAPID ENOUGH GIVEN MARKET CONDITIONS.FOR RETAIL PHARMACY USA, COMPARABLE RETAIL SALES WERE DOWN 3.8 PERCENT IN THE QUARTER.WE ARE GOING TO BE "MORE AGGRESSIVE" IN RESPONSE TO RAPIDLY SHIFTING TRENDS.AS A RESULT OF QUARTER, ARE NOW EXPECTING ROUGHLY FLAT ADJUSTED EPS GROWTH FOR FISCAL 2019..  Full Article

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Flu season prep, complicated by COVID-19, starts early this year

Healthcare providers, including CVS Health Corp , are kicking off flu vaccinations early, ordering extra shots and aiming to add tests that check for both the annual flu and COVID-19, pharmacy executives and experts told Reuters.