Walgreens Boots Alliance, Inc. (WBA) - NASDAQ
  • Mar. 12, 2015, 2:33 PM
    • Walgreen Boots Alliance (WBA +1.5%) is on the hunt for an acquisition in the U.S., according to the company's acting CEO
    • "The next big one will probably be in the U.S. because it is such a big market," said Stefano Pessina at a retail conference.
    • Shares of WBA are +9.8% since the Alliance Boots-Walgreen merger.
    | Mar. 12, 2015, 2:33 PM | 18 Comments
  • Mar. 6, 2015, 8:03 AM
    • A light bulb has gone off with some large retail chains such as Wal-Mart (NYSE:WMT) and TJX Companies (NYSE:TJX) which have hiked low-level wages in order to improve employee retention rates.
    • The math as compiled by Bloomberg is pretty compelling: The average retail sales worker makes $21,140 a year, while it costs $3,400 in training costs to replace them. At a high turnover rate it becomes more economical to lift wages.
    • The development is interesting to economists pondering the future impact of Wal-Mart's (10% of all retail sales in the U.S.) new wage structure on U.S. unemployment rates.
    • Related stocks: YUM, MCD, KR, TGT, SHLD, HD, WBA, LOW, GPS, JCP, BLMN.
    | Mar. 6, 2015, 8:03 AM | 61 Comments
  • Feb. 27, 2015, 11:31 AM
    • Factset has compiled a list of the most popular holdings of hedge funds at the end of Q4 and which stocks fell in or out of favor within the group.
    • Overall, hedge funds increased their positions in the top 50 holdings during the quarter by 1%.
    • Top 50 hedge fund consumer staples/discretionary stocks showing an increase: Family Dollar (NYSE:FDO) +1.3%, PepsiCo (NYSE:PEP) +20.3%, Priceline Group (NASDAQ:PCLN) +24.2%, Delta Air Lines (NYSE:DAL) +15.3%.
    • Top 50 hedge fund consumer staples/discretionary stocks showing a decrease: Mastercard (NYSE:MA) -4.2%, Walgreen Boots Alliance (NASDAQ:WBA) -1.3%, Dollar General (NYSE:DG) -11.6%, Mondelez International (NASDAQ:MDLZ) -0.9%.
    • Another way to look at the list is to examine which stocks are missing. Coca-Cola (NYSE:KO), Wal-Mart (NYSE:WMT), and Procter & Gamble (NYSE:PG) are in that club.
    • Factset's hedge fund ownership report (.pdf)
    | Feb. 27, 2015, 11:31 AM | 16 Comments
  • Feb. 12, 2015, 9:43 AM
    | Feb. 12, 2015, 9:43 AM | 3 Comments
  • Jan. 20, 2015, 4:48 PM
    • Walgreens Boots Alliance (WBA) discloses it sold a majority stake in Walgreens Infusion Services to Madison Dearborn Partners.
    • The infusion company will operate independently of Walgreen following the closing.
    • Financial terms of the deal weren't disclosed.
    | Jan. 20, 2015, 4:48 PM
  • Jan. 20, 2015, 10:56 AM
    • The Supreme Court passes on hearing a case over the level of swipe fees charged by banks to retailers.
    • The cap on swipe fees will stand at $0.21-$0.24 following the high court decision.
    • Intense lobbying from the financial services industry prompted the Fed to move off its original recommendation for a $0.12 cap.
    • The National Retail Federation and other consumer groups have vowed to keep the fight going.
    • Related stocks: V, MA, WMT, TGT, BBY, CVS, WBA, COST, HD, LOW, GPS, M.
    | Jan. 20, 2015, 10:56 AM | 10 Comments
  • Jan. 15, 2015, 5:17 PM
    • Walgreens Boots Alliance (NASDAQ:WBA) declares $0.3375/share quarterly dividend, in line with previous.
    • Forward yield 1.81%
    • Payable March 12; for shareholders of record Feb. 18; ex-div Feb. 13.
    | Jan. 15, 2015, 5:17 PM
  • Jan. 11, 2015, 10:44 AM
    • The better-than-expected round of reports on holiday sales in the retail sector has improved the outlook on the profitability of chain stores, according to RetailDive.
    • Teen Retailers: Out with dark lighting and logo-centric marketing and in with fast-fashion and online fulfillment. American Eagle Outfitters (NYSE:AEO), Aeropostale (NYSE:ARO), and Abercrombie & Fitch (NYSE:ANF) are finally pulling the right levers, according to analysts. Deb's Shops, Delia's, and possibly Wet Seal (NASDAQ:WTSL) won't be around to make the transition. It's Hail Mary time at American Apparel (NYSEMKT:APP).
    • Department stores/specialty apparel: Smaller store counts and restructuring initiatives could be the theme in 2015 as mall traffic stays weak. RetailDive doesn't discount turnarounds at Sears Holdings (NASDAQ:SHLD) and J.C. Penney (NYSE:JCP). Gap (NYSE:GPS), Macy's (NYSE:M), and Urban Outfitters (NASDAQ:URBN) are viewed as ahead of the curve in setting their new agenda in place. Soft early comp compares and lower cotton prices could help lift Zumiez (NASDAQ:ZUMZ), Ann (NYSE:ANN), L Brands (NYSE:LB), Pacific Sunwear (NASDAQ:PSUN), and Express (NYSE:EXPR).
    • Drugstores 2.0: Significant changes in the sector have given Walgreen Boots Alliance (NASDAQ:WBA), CVS Health (NYSE:CVS), and Rite Aid (NYSE:RAD) the room to grab more market share in healthcare and grocery. A much worse flu season in the U.S. than a year ago has helped the group get off to a good start.
    • Previously: Holiday retail sales something of a revelation (Jan. 8)
    | Jan. 11, 2015, 10:44 AM | 10 Comments
  • Jan. 9, 2015, 8:35 AM
    | Jan. 9, 2015, 8:35 AM | 111 Comments
  • Jan. 6, 2015, 8:38 AM
    • Walgreens Boots Alliance (NASDAQ:WBA) announces December sales rose 10.2% to $7.92 for the Walgreen brand.
    • Front-end sales +3.5% Y/Y on a +2.6% comp.
    • Comp traffic rose 0.3%, while the average basket size was 2.3% higher.
    • Flu shots season-to-date +13.4% to 7.6M.
    • WBA +2.2% premarket.
    | Jan. 6, 2015, 8:38 AM
  • Dec. 31, 2014, 8:16 AM
    • The Walgreens drugstore chain is now a wholly-owned subsidiary of Walgreens Boots Alliance (NYSE:WAG) after the second step of the merger between the two companies was completed today.
    • Shares of Walgreens Boots Alliance will trade on the Nasdaq under the symbol (WBA).
    • Debate on SA over the direction of the new global drugstore giant is underway: Shares fully valued, shares undervalued.
    | Dec. 31, 2014, 8:16 AM | 2 Comments
  • Dec. 30, 2014, 11:33 AM
    • Walgreen (WAG -0.3%) is out with its latest flu activity report amid what's believed to be a wider outbreak than last year.
    • Based on today's read from Walgreen - residents of Mississippi, Kentucky, and Tennessee are most at risk this week.
    • The company reported a 14.8% bump in flu shots administered in November.
    • Typically, an increase in flu shots administered by Walgreens also boosts front-end sales at the drugstore chain.
    | Dec. 30, 2014, 11:33 AM
  • Dec. 23, 2014, 7:38 AM
    • Walgreen (NYSE:WAG) reports comparable-store sales rose 1.5% in FQ1.
    • Traffic at stores was down 2.7% on a comp basis, while the average basket size improved 4.2%.
    • Pharmacy sales were up 9% on a 4.3% gain in prescription count for the quarter.
    • Gross profit margin -100 bps to 27.1%.
    • SG&A expenses +1.8% to $4.456B.
    • WAG +2.3% premarket.
    | Dec. 23, 2014, 7:38 AM
  • Dec. 23, 2014, 7:34 AM
    • Walgreen (NYSE:WAG): FQ1 EPS of $0.81 beats by $0.06.
    • Revenue of $19.55B (+6.7% Y/Y) beats by $50M.
    • Shares +2.33% PM.
    | Dec. 23, 2014, 7:34 AM | 2 Comments
  • Dec. 22, 2014, 5:30 PM
    | Dec. 22, 2014, 5:30 PM
  • Dec. 20, 2014, 10:17 AM
    • The S&P Retail ETF (NYSEARCA:XRT) is up 3.4% over the last month to outpace the S&P 500 Index as consumer spending trends improve. Analysts have honed in on some categories which show some promise for growth.
    • Drugstores: The transition by the sector into more health/wellness services sets it up for new growth channels. CVS Health (NYSE:CVS) reported strong comparable-store sales despite the full tobacco exit, while Rite Aid (NYSE:RAD) is prepping for a roll-out of RediClinics and HealthSpot kiosks. The visibility on Walgreen (NYSE:WAG) is somewhat clouded by the giant Alliance Boots integration, although it's ahead of rivals on the tech front with its rewards program, pharmacy app and developing online doctor concept.
    • Athleisure: There's some gender initiatives going on in the athletic apparel sector with Under Armour (NYSE:UA) and Nike (NYSE:NKE) growing their women's business and Lululemon (NASDAQ:LULU) expanding on the men's side. All three companies have been closely on-trend with their assortment in a category with explosive demand. Importantly, pricing has held up this holiday season in the U.S., note retail watchers.
    • Online replenishing: Fresh research into shopping trends indicates certain categories see continued buying through the online channel as consumers become attuned to a brand. Retailers positioned well to see more gains from the trend include Williams-Sonoma (NYSE:WSM), Ulta Beauty (NASDAQ:ULTA), Staples (NASDAQ:SPLS), Office Depot (NASDAQ:ODP), Sephora (OTCPK:LVMHF), Dick's Sporting Goods (NYSE:DKS), and of course Amazon (NASDAQ:AMZN).
    • P-E buyouts: There are plenty of candidates in the retail sector for a leveraged buyout similar to the action that helped propel shares of PetSmart (NASDAQ:PETM) +40% from their lows. Keep an eye on Abercrombie & Fitch (NYSE:ANF), Aeropostale (NYSE:ARO), and Ann (NYSE:ANN).
    | Dec. 20, 2014, 10:17 AM
Company Description
Walgreens Boots Alliance, Inc. provides drug store services. It operates through the following segments: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale. The Retail Pharmacy USA segment engages in pharmacy-led health and beauty retail businesses, which sells its... More
Sector: Services
Industry: Drug Stores
Country: United States