Walgreens Boots Alliance reported fiscal second-quarter revenue that beat analyst expectations, but posted a steep net loss from billions of dollars in impairment charges. The retailer adjusted ...
, opens new tab recorded a $5.8 billion impairment charge on its investment in clinic operator VillageMD on Thursday, hit by a cost-cutting drive to shut down unprofitable sites. VillageMD, a core ...
Walgreens confirmed Tuesday a new round of layoffs, the latest in a string of job cuts over the past year as the retail ...
Walgreens reported an almost $6 billion net loss in the second quarter, according to financial results released Thursday. Nearly all of that sum was attributable to the declining value of a ...
March 28 (Reuters) - Walgreen Boots Alliance WBA.Ocut the higher end of its profit forecast for fiscal-year 2024 on Thursday, citing economic challenges for its retail operations, and took a $5.8 ...
But Walgreens' new CEO, Tim Wentworth, thinks the company has an advantage, particularly over a company such as Amazon, which ...
No-moat Walgreens Boots Alliance reported fiscal second-quarter results that came in higher than our expectations. Total sales of $37.1 billion and adjusted earnings per share of $1.20 were up 6.3 ...
Walgreens Boots Alliance revealed today that it significantly overpaid for VillageMD, a primary care asset once touted as the lynchpin of Walgreens’ health care ambitions, disclosing a nearly $6 ...
Walgreens Boots Alliance announced that it is taking a $5.8 billion loss on its VillageMD clinics, which the company purchased a major stake in three years ago. The company announced in its Q2 ...
Walgreens's retail sales hit by a challenging retail environment, channel shift, and a weaker respiratory season. Walgreens Boots Alliance narrowed the fiscal year 2024 adjusted EPS guidance to $3 ...
WASHINGTON,DC-FEBRUARY 12: An exterior of Walgreens where a security guard shot an alleged armed ... [+] robber inside the store in Chinatown, Washington, DC on February 12, 2024. (Photo by Marvin ...
Walgreens announced last week that it would close 160 of its VillageMD clinics after it recorded a nearly $6 billion non-cash impairment charge in the second quarter, the company said. According ...