Justin Sullivan Walgreens Boots Alliance, Inc. (NASDAQ:WBA) announced fiscal first quarter earnings earlier this month. The struggling pharmacy retailer also announced that it was cutting its dividend nearly in half. While the company is projecting earnings decline in 2024, management and analysts are optimistic that a turnaround is coming. Based on the most recent financial data, I believe it is too early to buy Walgreens shares outright, but investors can set a lower entry point, and earn decent incom ...

Walgreens Boots Allicance Inc. (WBA, Financial) recently completed a leadership transition with a new CEO. One of his first acts was to cut the dividend by 48%. Thus, the company, which has paid increasing dividends for 47 years, is no longer a "Dividend Aristocrat." New leader The new CEO of Walgreens is Tim Wentworth. He brings nearly three decades of health care leadership experience to the company, having recently served as the CEO of Evernorth, Cigna's (CI, Financial) health services platform, and prev ...

After cutting its dividend by 48%, Walgreens Boots Alliance (WBA -2.68%) is no longer the highest-yielding stock in the Dow Jones Industrial Average. But even after the cut, Walgreens yields 4%. And investors might be eyeing the stock as a potential turnaround play now that management has lowered one of its higher expenses and freed up cash to improve the business.However, weak fundamentals and declining earnings make Walgreens too risky for the potential reward. Here's why Apple (AAPL 0.57%), Procter & Gam ...

In this podcast, Motley Fool analyst Bill Barker and host Deidre Woollard discuss:The big tasks ahead for Walgreens Boots Alliance's new CEO.What a dividend drop might be signaling.How price drops impacted Cal-Maine.Motley Fool analyst Jim Gillies and host Ricky Mulvey talk about pullback stocks including Aritzia and Shopify.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full tra ...

Walgreens CEO Tim Wentworth told CNBC's Jim Cramer that the company is using its stores and brand to bolster its developing health-care business.Walgreens has made significant investments over the past few years to expand beyond a drugstore chain into a large health-care company. Wentworth acknowledged that the company has been closing stores to make sure it has the "right optimized footprint," but challenged the notion that Walgreens has to fully pivot from its stores to pursue its health-care goals."If yo ...

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) J.P. Morgan 42nd Annual Healthcare Conference January 8, 2024 11:15 AM ET Company Participants Tim Wentworth - Chief Executive Officer Manmohan Mahajan - Interim Global Chief Financial Officer Conference Call Participants Lisa Gill - J.P. Morgan Lisa Gill Maybe it's just me. Oh, there we go. Good morning. My name is Lisa Gill, and I'm the healthcare services analyst with J.P. Morgan. It is with great pleasure this morning that I have with me Walgreens Boots Allian ...

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) J.P. Morgan 42nd Annual Healthcare Conference January 8, 2024 11:15 AM ET Company Participants Tim Wentworth - Chief Executive Officer Manmohan Mahajan - Interim Global Chief Financial Officer Conference Call Participants Lisa Gill - J.P. Morgan Lisa Gill Maybe it's just me. Oh, there we go. Good morning. My name is Lisa Gill, and I'm the healthcare services analyst with J.P. Morgan. It is with great pleasure this morning that I have with me Walgreens Boots Allian ...

DEERFIELD, Ill.--(BUSINESS WIRE)--The Expressions Challenge by Walgreens officially launches today, January 8 and runs through March 31, 2024. What started 15 years ago in Chicago to provide roughly 300 high school teenagers a chance to express themselves through art on HIV and AIDS, is now reaching millions of teenagers across all 50 states of the United States - including Washington DC, Puerto Rico and the US Virgin Islands – and allowing them to express themselves on a variety of issues impacting teens. ...

In an interview, Walgreens chief executive Tim Wentworth said VillageMD and Walgreens have slowed ... [+] the growth of doctor-staffed clinics adjacent to Walgreens drugstores in part because the operators haven’t been able to fill their so-called “panels,” which are a certain number of individual patients under the care of a specific provider.VillageMDWalgreens chief executive’s disclosure last week that VillageMD’s doctor-staffed clinic expansion plan needed to go “on a diet” highlights certain risks in t ...

The owner of Boots could be considering a £7 billion London listing for the high street pharmacy company, reviving exit talks two years after a planned sale fell through. Tim Wentworth, the chief executive officer of Walgreens Boots Alliance Inc (NASDAQ:WBA), revealed “everything is on the table" when it comes to planning the next step for the UK retailer. He added that the US owner is “evaluating all strategic options to drive sustainable long-term shareholder value”. In January 2022, the company placed Bo ...