Walgreens Boots Alliance (WBA) tops Q2 expectations, narrows full-year profit forecast

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Walgreens takes $5.8 billion hit on VillageMD bet amid CEO focus on profit

March 28, 2024 7:10 AM EDT

By Leroy Leo and Puyaan Singh

(Reuters) -Walgreens Boots Alliance recorded a $5.8 billion impairment charge on its investment in clinic operator VillageMD on Thursday, hit by a cost-cutting drive to shut down unprofitable sites.

VillageMD, a core part of Walgreens' push to expand beyond its legacy pharmacy operations, plans to shut over 160 clinics to focus on sites present in densely populated areas, to increase the number of patients treated by a single doctor.

That, along with slower-than-expected growth of patients per doctor, led to a... More

Walgreens Boots Alliance (WBA) Tops Q2 EPS by 38c, Offers Guidance

March 28, 2024 7:01 AM EDT

Walgreens Boots Alliance (NASDAQ: WBA) reported Q2 EPS of $1.20, $0.38 better than the analyst estimate of $0.82. Revenue for the quarter came in at $37.1 billion versus the consensus estimate of $35.9 billion.

GUIDANCE:

Walgreens Boots Alliance sees FY2024 EPS of $3.20-$3.35, versus the consensus of... More

Walgreens Boots Alliance (WBA) call put ratio 1 call to 1 put into quarter results

March 27, 2024 10:11 AM EDT

Walgreens Boots Alliance (NASDAQ: WBA) March weekly call option implied volatility is at 155, April is at 55; compared to its 52-week range of 21 to 55 into the expected release of quarter results before the bell on March 28. Call put ratio 1 call to 1 put.

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Stocks expected to have increasing option volume: WBA GME PAYX CTAS MRK

March 27, 2024 3:54 AM EDT

Stocks expected to have increasing option volume: WBA GME PAYX CTAS MRK

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Walgreens Boots Alliance (WBA) March weekly 20.50 straddle into quarter results

March 27, 2024 3:47 AM EDT

Walgreens Boots Alliance (NASDAQ: WBA) March weekly 20.50 straddle priced for a move of 8% into the expected release of quarter results before the bell on March 28.

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Walgreens Boots Alliance (WBA) call put ratio 2.1 calls to 1 put into quarter results and outlook

March 26, 2024 10:44 AM EDT

Walgreens Boots Alliance (NASDAQ: WBA) March weekly call option implied volatility is at 121, April is at 55; compared to its 52-week range of 21 to 55 into the expected release of quarter results before the bell on March 28.

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