Walgreens Suspends Dividend to Fund Turnaround
Walgreens Boots Alliance suspended its quarterly dividend to raise over $800 million annually for debt reduction and to fund its long-term turnaround plan, following the closure of more than 1,200 stores and a previous dividend cut.
Walgreens Suspends Dividend to Fund Turnaround
Walgreens Boots Alliance suspended its quarterly dividend to raise over $800 million annually for debt reduction and to fund its long-term turnaround plan, following the closure of more than 1,200 stores and a previous dividend cut.
Progress
36% Bias Score
Advocate Closes 47 Walgreens Clinics, Shifts to Community-Based Care
Advocate Health Care is closing 47 Illinois clinics located in Walgreens stores on February 6, 2025, due to unsuccessful retail healthcare models and a shift towards virtual and community-based care, involving a $1 billion investment in Chicago's South Side to address health disparities.
Advocate Closes 47 Walgreens Clinics, Shifts to Community-Based Care
Advocate Health Care is closing 47 Illinois clinics located in Walgreens stores on February 6, 2025, due to unsuccessful retail healthcare models and a shift towards virtual and community-based care, involving a $1 billion investment in Chicago's South Side to address health disparities.
Progress
36% Bias Score
Walgreens Reports $265 Million Quarterly Loss Amidst Turnaround Efforts
Walgreens Boots Alliance reported a $265 million first-quarter loss, despite a 7.5% sales increase to $39.5 billion driven by higher pharmacy sales; the company is undergoing a turnaround focused on footprint optimization and healthcare expansion.
Walgreens Reports $265 Million Quarterly Loss Amidst Turnaround Efforts
Walgreens Boots Alliance reported a $265 million first-quarter loss, despite a 7.5% sales increase to $39.5 billion driven by higher pharmacy sales; the company is undergoing a turnaround focused on footprint optimization and healthcare expansion.
Progress
8% Bias Score
Walgreens Exceeds Q1 Profit Expectations Amid Restructuring
Walgreens Boots Alliance surpassed first-quarter profit expectations (51 cents per share vs. 37 cents estimated), driven by restructuring efforts including store closures and a $1 billion cost-cutting program, leading to a nearly 25 percent share price increase.
Walgreens Exceeds Q1 Profit Expectations Amid Restructuring
Walgreens Boots Alliance surpassed first-quarter profit expectations (51 cents per share vs. 37 cents estimated), driven by restructuring efforts including store closures and a $1 billion cost-cutting program, leading to a nearly 25 percent share price increase.
Progress
44% Bias Score
Three Undervalued Stocks for 2025: Intel, Moderna, and Walgreens
The author analyzes three underperforming stocks—Intel, Moderna, and Walgreens—highlighting their potential for recovery despite 2024 losses due to factors like government subsidies, future drug pipelines, and cost-cutting strategies.
Three Undervalued Stocks for 2025: Intel, Moderna, and Walgreens
The author analyzes three underperforming stocks—Intel, Moderna, and Walgreens—highlighting their potential for recovery despite 2024 losses due to factors like government subsidies, future drug pipelines, and cost-cutting strategies.
Progress
36% Bias Score
Walgreens in Talks for Privatization Deal Amid Financial Struggles
Walgreens is reportedly in talks with Sycamore Partners for a potential privatization deal, which could lead to the sale of assets and further store closures; the company's stock surged nearly 20% on the news.
Walgreens in Talks for Privatization Deal Amid Financial Struggles
Walgreens is reportedly in talks with Sycamore Partners for a potential privatization deal, which could lead to the sale of assets and further store closures; the company's stock surged nearly 20% on the news.
Progress
44% Bias Score
Walgreens Suspends Dividend After 90+ Years, Stock Plunges 11%
Walgreens Boots Alliance Inc. suspended its dividend after more than 90 years, causing an 11% stock drop in premarket trading due to financial challenges including legal issues, rising costs, and reduced consumer spending; the company plans to close 1200 stores.
Walgreens Suspends Dividend After 90+ Years, Stock Plunges 11%
Walgreens Boots Alliance Inc. suspended its dividend after more than 90 years, causing an 11% stock drop in premarket trading due to financial challenges including legal issues, rising costs, and reduced consumer spending; the company plans to close 1200 stores.
Progress
40% Bias Score
Justice Department Sues Walgreens for Dispensing Millions of Illegal Opioid Prescriptions
The Justice Department filed a civil lawsuit against Walgreens, alleging that from August 2012 to the present, they knowingly dispensed millions of illegal opioid prescriptions, ignoring red flags and pressuring pharmacists to fill prescriptions quickly, contributing to the opioid crisis and resulti...
Justice Department Sues Walgreens for Dispensing Millions of Illegal Opioid Prescriptions
The Justice Department filed a civil lawsuit against Walgreens, alleging that from August 2012 to the present, they knowingly dispensed millions of illegal opioid prescriptions, ignoring red flags and pressuring pharmacists to fill prescriptions quickly, contributing to the opioid crisis and resulti...
Progress
40% Bias Score
Walgreens Beats Q1 Expectations Amidst Restructuring
Walgreens reported exceeding first-quarter expectations with $39.46 billion in revenue and 51 cents adjusted EPS, driven by cost-cutting and store closures despite facing reimbursement pressure, weak consumer spending, and challenges in its primary care expansion; the company plans to close 1,200 st...
Walgreens Beats Q1 Expectations Amidst Restructuring
Walgreens reported exceeding first-quarter expectations with $39.46 billion in revenue and 51 cents adjusted EPS, driven by cost-cutting and store closures despite facing reimbursement pressure, weak consumer spending, and challenges in its primary care expansion; the company plans to close 1,200 st...
Progress
40% Bias Score
S&P 500's 2024 Gains Mask Significant Underperformance by Key Companies
The S&P 500 index is up 23.8% in 2024, but this masks significant underperformance in some sectors. Walgreens Boots Alliance, Intel, and Moderna are among the worst performers, each losing more than 60% and being replaced in the Dow Jones. These declines are attributed to company-specific challenges...
S&P 500's 2024 Gains Mask Significant Underperformance by Key Companies
The S&P 500 index is up 23.8% in 2024, but this masks significant underperformance in some sectors. Walgreens Boots Alliance, Intel, and Moderna are among the worst performers, each losing more than 60% and being replaced in the Dow Jones. These declines are attributed to company-specific challenges...
Progress
48% Bias Score
Walgreens Explores Privatization Amid US Pharmacy Industry Crisis
Walgreens, facing financial difficulties and decreased profitability, is reportedly considering going private amid a wider struggle in the US pharmacy industry that disproportionately affects minority communities, and is marked by decreased prescription drug reimbursement rates and increased online ...
Walgreens Explores Privatization Amid US Pharmacy Industry Crisis
Walgreens, facing financial difficulties and decreased profitability, is reportedly considering going private amid a wider struggle in the US pharmacy industry that disproportionately affects minority communities, and is marked by decreased prescription drug reimbursement rates and increased online ...
Progress
40% Bias Score
Walgreens Stock Surges on Reports of Potential Sale to Private Equity Firm
Walgreens shares reached their highest point since October on Tuesday due to reports that the drugstore chain is in talks to be sold to a private equity firm; the company recently reported a significant net loss and announced plans to close 1,200 stores.
Walgreens Stock Surges on Reports of Potential Sale to Private Equity Firm
Walgreens shares reached their highest point since October on Tuesday due to reports that the drugstore chain is in talks to be sold to a private equity firm; the company recently reported a significant net loss and announced plans to close 1,200 stores.
Progress
36% Bias Score