Walgreen Boots Stock Price, News & Analysis

Walgreens is expanding its Health Corner services to over 2.27 million patients across California, New Jersey, and Ohio by summer's end. This initiative is part of a collaboration with Buckeye Health Plan to provide health services to Medicaid members in northeast Ohio. Walgreens Health Corners will enhance access to healthcare, offering services like health screenings, chronic condition management, and personalized care by Health Advisors. The number of locations will grow from 55 to about 100 by the end of 2022.

Walgreens will start administering Pfizer and Moderna COVID-19 vaccines to children aged 3 and older at select locations starting Saturday, June 25. This follows FDA Emergency Use Authorization and CDC guidance for vaccinating younger children. Parents are encouraged to schedule appointments via Walgreens.com or the Walgreens app. Walgreens pharmacists, experienced in pediatric immunizations, aim to provide comfort and education for families during the vaccination process. Notably, Walgreens has extensive experience in administering vaccines to millions of children and adolescents.

Walgreens and Greater Than AIDS are hosting the largest National HIV Testing Day event in over 250 cities on June 27, aiming to increase awareness and access to HIV testing. This initiative addresses a decline in testing during the COVID-19 pandemic, where about 13% of the 1.2 million people living with HIV in the U.S. are unaware of their status. The event will provide free, confidential testing at participating Walgreens locations, supported by local health departments and community organizations.

Wile, a wellness brand focused on midlife women's health, is set to launch four herbal supplement capsules at Walgreens this month. Aimed at women aged 40+, these products target common hormonal symptoms like stress and night sweats. Wile's holistic approach, developed with naturopathic doctors, includes the 40+ Perimenopause Support, 40+ Period Support, Hot Flash, and Women’s Stress supplements, all retailing for $39.99. This partnership highlights Wile's goal to enhance visibility and accessibility in midlife women’s health, reinforcing the role of community pharmacies in healthcare.

Walgreens Boots Alliance (WBA) will announce its fiscal 2022 third quarter earnings on June 30, 2022, at 7 a.m. ET, followed by a conference call at 8:30 a.m. ET. The event will be available live on the WBA investor relations website, with a replay accessible for 12 months. WBA, a global leader in pharmacy and healthcare, operates around 13,000 locations across the U.S., Europe, and Latin America, committed to improving health services and promoting sustainability. The company employs over 315,000 people and has a diverse portfolio of consumer and healthcare-focused brands.

Walgreens has announced the winners of its 12th annual Expressions by Walgreens national art challenge, with nearly 3,400 high school entries in visual arts, spoken word, and media arts. Awards are given to top entries in each category, along with a People's Choice award and new Teachers' Champion awards recognizing educators supporting students. Since 2009, the initiative has engaged over one million students and awarded more than $350,000 in prizes, emphasizing Walgreens' commitment to community health and youth self-expression.

Walgreens Boots Alliance has sold 6.0 million shares of AmerisourceBergen Corporation for $900 million, reducing its stake from 28.1% to 25.2%. The proceeds will primarily be allocated for debt paydown and supporting strategic initiatives. Despite the sale, Walgreens maintains its long-term partnership with AmerisourceBergen, ensuring ongoing collaboration. This strategic move aims to optimize capital allocation and enhance the company's balance sheet, reflecting a commitment to shareholder value.