Walgreens Sees Rebound Despite $520 Million Covid-19 Hit [Forbes]
Walgreens Boots Alliance, Inc. (WBA)
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am
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Source: Forbes
People wear protective face masks outside Walgreens pharmacy in Union Square as the city continues... [+]Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production. (Photo by Noam Galai/Getty Images)Walgreens Boots Alliance reported a $520 million “adverse Covid-19 impact” in its fourth quarter as the global drugstore chain begins a slow rebound during the pandemic.Walgreens, which owns more than 21,000 stores around the world in more than 25 countries, said net income fell nearly 45% to $373 million in its fiscal 2020 fourth quarter ended Aug. 31 due to the surge of cases of Covid-19 that caused customers to shelter in their homes and slow the global economy. Fourth quarter sales increased 2% to $34.7 billion.“The company estimates adverse Covid-19 impact of approximately $520 million, or 34 percentage points of
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WBA
News
- Walgreens Boots Alliance Declares Quarterly DividendBusiness Wire
- Walgreens Is Opening a New Pharmacy For Cell and Gene Therapies [BNN Bloomberg (Canada)]BNN Bloomberg
- Walgreens To Launch $24 Billion Business Dedicated To Specialty Pharmacy [Forbes]Forbes
- Walgreens Launches Gene and Cell Services as Part of Newly Integrated Walgreens Specialty Pharmacy Business [Yahoo! Finance]Yahoo! Finance
- Walgreens Launches Gene and Cell Services as Part of Newly Integrated Walgreens Specialty Pharmacy BusinessBusiness Wire
WBA
Earnings
- 3/28/24 - Beat
WBA
Sec Filings
- 4/25/24 - Form 4
- 4/22/24 - Form 3
- 4/15/24 - Form 4
- WBA's page on the SEC website