Walgreen Boots Stock Price, News & Analysis

Hey Humans, an eco-conscious personal care brand, expands its reach by launching products at over 6,000 Walgreens locations nationwide and on walgreens.com. Launched in 2021, the brand is committed to sustainability, with a product line that is 99% plastic-free, vegan, and cruelty-free. Items include deodorants priced at $6.99 and body washes at $7.99, designed to offer clean personal care without compromising on environmental responsibility. The partnership aims to make sustainable personal care accessible to a broader audience.

Walgreens, the exclusive retailer for Red Nose Day, is once again selling Red Noses at its stores across the U.S. after a two-year hiatus due to COVID-19. The campaign, running until May 31, supports efforts to combat child poverty. Since 2015, Red Nose Day has raised $275 million, with Walgreens contributing over $140 million. Customers can purchase a Red Nose for $1 and donate at checkout. Funds raised support various organizations dedicated to children’s welfare, addressing healthcare, nutrition, and education.

Blue Shield of California and Walgreens Health are launching 12 new Walgreens Health Corner locations in the San Francisco Bay Area and Los Angeles County to enhance access to in-person and virtual healthcare. The services, available at no additional cost to eligible Blue Shield members, include health screenings, medication counseling, and chronic condition management. This partnership aims to improve care management and reduce healthcare gaps in local communities, with plans for eight additional locations later this year. The initiative is part of the Health Reimagined strategy.

Walgreens Boots Alliance (WBA) reported Q2 fiscal 2022 earnings with an EPS of $1.02, down from $1.06 a year ago. However, adjusted EPS rose 25.9% to $1.59. Sales from continuing operations increased 3.0% to $33.8 billion, driven by strong performance in U.S. retail and COVID-19 services. Operating income rose significantly to $1.2 billion, while net earnings were $883 million, down from $922 million year-over-year. The company is progressing with its Boots business review and expects annual savings of $3.3 billion by 2024.

Walgreens Boots Alliance (WBA) and VillageMD are set to launch three new Village Medical at Walgreens primary care practices in Southern New Hampshire by the end of summer 2022. The first location opens on April 19 in Hooksett, with additional sites in Manchester and Nashua. This initiative will create over 80 full-time jobs, including 35 STEM positions. The partnership aims to enhance accessible healthcare for local communities, addressing significant gaps in coverage. WBA plans to expand to over 600 practices nationwide by 2025, reinforcing its commitment to community health.

Tripadvisor has partnered with Walgreens to promote safe travel during spring break, emphasizing COVID-19 testing access for travelers. This initiative targets college students and families, showcasing Walgreens' drive-thru COVID-19 testing and vaccination options. A Tripadvisor survey reveals 45% of Americans plan to travel in March and April, with 68% of Gen Z intending to get tested. As travel demand grows, 62% of Americans prefer businesses with COVID-19 safety measures. This partnership highlights a strategic move to capture digital media advertising amid increasing travel activity.

Walgreens and Labcorp have launched the nationwide availability of the Pixel by Labcorp® COVID-19 at-home collection kit, accessible at no cost to eligible individuals via Labcorp OnDemand™. This initiative, in partnership with the U.S. Department of Health and Human Services, aims to enhance testing accessibility for underserved communities. Walgreens President John Standley emphasized the importance of reducing healthcare barriers, particularly for uninsured populations. The program complements Walgreens' existing free drive-thru testing at over 7,000 locations and contributes to broader healthcare efforts amidst evolving COVID-19 conditions.

The UK’s leading skincare brand, No7, has shown superior hydration results in a recent study compared to pricier competitors in the US. Specifically, its age defying day creams outperform moisturizers costing ten times more. This follows a successful UK sales record, with one cream sold every ten seconds in 2021. The brand's new marketing campaign, "The UK’s Best-Kept Skincare Secret," aims to establish a stronger presence in the US market. Additionally, No7 is launching more sustainable packaging and a consumer-focused challenge to demonstrate product efficacy.

Walgreens Boots Alliance (WBA) will announce its fiscal 2022 Q2 earnings results on March 31, 2022, at 7 a.m. Eastern Time, followed by a management conference call at 8:30 a.m. The call will be accessible via the WBA investor relations website and will be archived for 12 months. WBA operates approximately 13,000 locations across the US, Europe, and Latin America, focusing on integrated healthcare and retail pharmacy services. The company is recognized for its sustainable practices and its commitment to creating healthier communities.