There are ramifications for CMBS bond investors too.
Walgreens will be launching hundreds of less expensive owned brands focused on health, wellness and women’s health.
In an effort to improve its free cash flow and earnings, Walgreens previously stated that it would be looking at shutting ...
Walgreens Boots Alliance Inc. (NASDAQ: WBA) is a leading global retail pharmacy and healthcare company. The stock is trading ...
The plan announced Tuesday includes the closing of 300 stores that had been approved under a previous Walgreens cost-cutting ...
The store closures — which Walgreens called an “accretive footprint optimization program” — were announced as part of the pharmacy chain’s quarterly earnings report Tuesday. Walgreens ...
It's been a very difficult year for Walgreens Boots Alliance (NASDAQ: WBA), but the stock was climbing higher following its fiscal fourth-quarter earnings report and the details of its store ...
Walgreens CEO Tim Wentworth said in an earnings call Tuesday morning that about 6,000 of those current stores are profitable. “While the decision to close a store ... pulled back on its efforts ...
Walgreens will close a longtime store next month at 3143 W ... because of cost-conscious customers who've cut back on spending due to inflation, according to several national news stories.
For the quarter, Walgreens' revenue climbed 6% year over year to $37.55 billion. However, adjusted earnings per share (EPS) plunged 40% to $0.39, as its margins continue to be squeezed by ...
The company said Tuesday that about 500 store closures will come in the current fiscal year and should immediately support adjusted earnings and free cash flow. Walgreens didn’t say where the ...