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Topic - Walgreens Boots Alliance Inc.

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This Feb. 9, 2024 photo shows a Walgreens in Bradenton, Fla. (AP Photo/Gene J. Puskar)

Walgreens tops Wall Street’s expectations as drugstore chain continues turnaround plan

By Tom Murphy - Associated Press

FILE - A Walgreens store in Bradenton, Fla., is shown on Feb. 9, 2024. The struggling drugstore chain Walgreens will get about $1.1 billion for selling another slice of its stake in drug distributor Cencora. (AP Photo/Gene J. Puskar, File)

Walgreens plans to sell another slice of its Cencora stake for $1.1 billion

Associated Press

The entrance to a Walgreens is seen on Oct. 14, 2022, in Boston. Walgreens lost nearly $6 billion in its fiscal second quarter mainly due to a drop in value for a VillageMD clinic business it controls. Excluding that charge, the drugstore chain reported results Thursday, March 28, 2024, that topped Wall Street expectations. (AP Photo/Michael Dwyer) **FILE**

Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics

By Tom Murphy - Associated Press

A palm tree is reflected in the window of a Walgreens pharmacy in Los Angeles, Friday, March 10, 2023. Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday, Jan. 4, 2024 that reducing its quarterly payout to shareholders to 25 cents per share will help free up capital to spend growing its pharmacy and health care businesses. (AP Photo/Jae C. Hong)

Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

By Tom Murphy - Associated Press

FILE - Starbucks COO Roz Brewer talks about the proposed redesign of a Starbucks store in New Jersey as she speaks Wednesday, March 20, 2019, during the company's annual shareholders meeting in Seattle. Walgreens has tapped Roz Brewer as its new CEO, which will make her the only Black woman currently leading a Fortune 500 company. Brewer will take over as Walgreens CEO on March 15, 2021 after a little more than three years as Starbucks' chief operating officer. (AP Photo/Ted S. Warren, file)

Walgreens taps Starbucks exec Brewer as its new CEO

By DEE-ANN DURBIN - Associated Press

This June 25, 2019, file photo shows a sign outside a Walgreens Pharmacy in Pittsburgh. On Thursday, Jan. 7, 2021, Walgreens Boots Alliance lost $308 million in its first fiscal quarter due to a big charge tied to its ownership stake in the drug wholesaler AmerisourceBergen. The drugstore chain also saw COVID-19 continue to eat away at its business, particularly in the United Kingdom, but the company’s overall performance topped Wall Street expectations. (AP Photo/Gene J. Puskar, File)

Walgreens tops fiscal 1Q forecasts as it fights pandemic hit

By TOM MURPHY - Associated Press

FILE - This June 25, 2019, file photo shows the sign outside a Walgreens Pharmacy in Pittsburgh. Walgreens Boots Alliance will sell its pharmaceutical wholesaler business to AmerisourceBergen in $6.5 billion cash and stock deal. The drugstore chain says the deal will let it invest in and focus on its retail business, which has been hurt by sales declines during the COVID-19 pandemic. (AP Photo/Gene J. Puskar, File)

Walgreens to sell drug wholesale business for $6.5B

By TOM MURPHY - Associated Press

Walgreens finishes McKesson deal; names Jarrett to board

Associated Press

FILE - In this June 25, 2016, file photo a person walks by signage hangs outside a Walgreens pharmacy in downtown Cincinnati. COVID-19 took another bite out of Walgreens Boots Alliance quarterly numbers but this time left behind better-than-expected earnings. The drugstore chain said Thursday, Oct. 15, 2020, that it made $373 million in the final quarter of fiscal 2020 after losing $1.7 billion the previous quarter, when millions of shoppers stayed home to avoid the rapidly spreading pandemic. (AP Photo/John Minchillo, File)

Drugstore chain Walgreens rebounds with $373M profit in 4Q

By TOM MURPHY - Associated Press

FILE - In this June 25, 2019, file photo a man walks outside a Walgreens pharmacy in downtown Cincinnati. Walgreens is adding the former leader of rival drugstore chain Rite Aid to its executive team. The company said Monday, Aug. 31, 2020, that John Standley will join Walgreens Boots Alliance as president, effective immediately.(AP Photo/John Minchillo, File)

Walgreens taps former Rite Aid CEO as president of US unit

By TOM MURPHY - Associated Press

FILE - In this June 24, 2019 file photo, shoppers enter a Walgreens store in Los Angeles. Walgreens leader Stefano Pessina will step down as CEO and become executive chairman of the drugstore chain’s board once they pick a new leader. The company also said Monday, July 27, 2020, that its current executive chairman, former McDonald’s CEO Jim Skinner, will leave that role but remain on the board. (AP Photo/Marcio Jose Sanchez, File)

Walgreens CEO Pessina to step down, become executive chair

By TOM MURPHY - Associated Press

FILE - In this March 26, 2020 file photo, a woman leaves a Walgreens pharmacy that is enforcing social distancing rules by allowing only a certain numbers of people in as customers line up on the sidewalk outside the store in New York. The coronavirus pandemic pushed the drugstore chain to a $1.7-billion loss in its fiscal third quarter, as customers stayed home to avoid the virus or consolidated their shopping to grocery stores. The international drugstore chain said Thursday, July 9 the rapidly spreading virus took a bite of between $700 million and $750 million out of sales in the quarter. (AP Photo/Kathy Willens, File)

Walgreens lost $1.7B in 3Q as global pandemic tightened grip

By TOM MURPHY - Associated Press

This June 2020 photo provided by VillageMD shows a Walgreens with an adjoining VillageMD in Houston. Walgreens will squeeze the primary care clinics into as many as 700 of its U.S. stores over the next few years in a major expansion of the care it offers customers. The drugstore chain said Wednesday, July 8 that it will partner with VillageMD to set up doctor-led clinics that also use nurses, social workers and therapists to provide regular treatment for patients. (VillageMD via AP)

Walgreens dives into primary care with clinic expansion

By Tom Murphy - Associated Press

FILE - In this June 25, 2019, file photo signage hangs outside a Walgreens pharmacy in downtown Cincinnati. Walgreens reports financial results on Wednesday, Jan. 8, 2020. (AP Photo/John Minchillo, File)

Walgreens begins 2020 much as it ended 2019, on a sour note

By TOM MURPHY - Associated Press

This June 25, 2019, file photo shows a sign outside a Walgreens Pharmacy in Pittsburgh. (AP Photo/Gene J. Puskar, File)

Walgreens to shutter in-store clinics, add Jenny Craig sites

By TOM MURPHY - Associated Press