Walgreens Boots Alliance (WBA) evaluating all strategic options

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Walgreens Boots Alliance Reports Fiscal 2024 First Quarter Results

January 4, 2024 7:00 AM EST

Results In Line with Expectations; Executing in a Challenging Environment

First quarter and recent financial highlights

First quarter loss per share* was $0.08 compared to a loss per share of $4.31 in the year-ago quarter; first quarter results included $278 million after-tax charge for fair value adjustments on variable prepaid forward derivatives related to the monetization of Cencora shares Adjusted earnings per share (EPS**) decreased 43.1 percent to $0.66, down 43.7 percent on a constant currency basis reflecting challenging retail market trends in the U.S. and a 21 percentage point headwind from a higher tax... More

Walgreens Boots Alliance Declares Quarterly Dividend

January 4, 2024 7:00 AM EST

DEERFIELD, Ill.--(BUSINESS WIRE)-- Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has declared a quarterly dividend of 25 cents per share, a reduction of 48 percent from the previous quarter. The dividend is payable on March 12, 2024, to stockholders of record as of Feb. 20, 2024.

Chief Executive Officer Tim Wentworth said:

Since the start of my tenure with WBA, we have been evaluating our options across our strategies and operations, including those related to our capital allocation. We have made the difficult decision to reduce our quarterly... More