Walgreens Boots Alliance's (WBA) CEO Stefano Pessina on Q1 2017 Results - Earnings Call Transcript

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Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Q1 2017 Results Earnings Conference Call January 5, 2017 8:30 AM ET

Executives

Gerald Gradwell - Senior Vice President, Investor Relations and Special Projects

Stefano Pessina - Executive Vice Chairman and Chief Executive Officer

George Fairweather - Executive Vice President and Global Chief Financial Officer

Alex Gourlay - Co-Chief Operating Officer

Analysts

Ross Muken - Evercore ISI

Alvin Concepcion - Citi

George Hill - Deutsche Bank

Ricky Goldwasser - Morgan Stanley

Lisa Gill - JP Morgan

Robert Willoughby - Credit Suisse

David Larsen - Leerink

Eric Percher - Barclays

Steven Valiquette - Bank of America Merrill Lynch

Scott Mushkin - Wolfe Research

Operator

Good day ladies and gentlemen and welcome to the Walgreens Boots Alliance First Quarter 2017 Earning Conference Call. At this time, all participants are in a listen-only mode. Later, there will be a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, this conference call is being recorded.

I would now like to turn the conference over to Gerald Gradwell, Senior Vice President, Investor Relations and Special Projects. Sir, you may begin.

Gerald Gradwell

Thank you. And can I first say that in keeping with our corporate staffs on cold and flu, a number of us have gone out and caught colds and flu’s, so please bare with us if we sound slightly bunged up this morning. Welcome to our first quarter earnings call. Stefano Pessina, our Executive Vice Chairman and Chief Executive Officer; and George Fairweather, Executive Vice President and Global Chief Financial Officer will take you through our results as usual. Alex Gourlay, Co-Chief Operating Officer of Walgreen Boots Alliance is also here and will join us for questions.

You will find a link to the webcast on our Investor Relations website at investor.walgreensbootalliance.com. After the

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