Walgreens has a cult ‘peelable' candy, courtesy of a Tik Tok craze [Yahoo! Finance]
Walgreens Boots Alliance, Inc. (WBA)
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am
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Source: Yahoo! Finance
For the beleaguered drugstore chain, the odd “Gummy Mango” candy is a much-needed win. It arrived last fall in about 2,500 of its 8,700 US stores, and quickly sold out because, of course, TikTok. Online, Walgreens imposed a limit of one bag per customer on the little inventory that remained. The unexpectedly viral product comes at a time that Walgreens has a lot on its plate that isn't fun – debt piling up , employee unrest, competitors grabbing market share, store closures , its shoppers spending less on things they don't need. It's also juggling with having to keep everyday items like shampoos and shaving cream locked up over theft concerns, much to the annoyance of customers. Walgreens sorely needed some – any – good news. Fortunately, the mango-flavored treat plays into the company's long-term strategy of beefing up its front-of-store departments, said Morningstar analyst Keonhee Kim. The product itself is a $1.99 bag of candy belonging to an on-trend genre of confectionery
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News
- Walgreens is launching a generic version of OTC Narcan [MSNBC.com]MSNBC.com
- Is Now the Time to Buy 3 of the S&P 500's Worst-Performing Stocks? [Yahoo! Finance]Yahoo! Finance
- Is Walgreens Stock Undervalued At $18? [Forbes]Forbes
- Walgreens is launching a generic version of over-the-counter Narcan [MSNBC.com]MSNBC.com
- Walgreens Brand Naloxone Available Online and In Stores This Month [Yahoo! Finance]Yahoo! Finance
WBA
Earnings
- 3/28/24 - Beat
WBA
Sec Filings
- 5/15/24 - Form 13F-HR
- 5/1/24 - Form 8-K
- 4/29/24 - Form 4
- WBA's page on the SEC website