Walgreen Boots Stock Price, News & Analysis

Walgreens Boots Alliance (WBA) and VillageMD are set to open over 20 new primary care practices in the Dallas area, marking their expansion into Texas's fourth major market. The first location opened on October 26, with several more to follow. This initiative aims to provide accessible healthcare, particularly for chronic disease patients, as Texas currently ranks poorly in primary care access. By 2027, the companies plan to launch 1,000 primary care practices, with many located in underserved areas, enhancing community healthcare services.

Walgreens Boots Alliance (WBA) and VillageMD announce the opening of 20 new Village Medical at Walgreens primary care practices in Tampa over the next year. The first location opened on Oct. 26. This expansion follows a similar effort in Orlando, enhancing access to healthcare for Florida residents, particularly those with chronic conditions. The partnership aims to create over 990 jobs and includes a commitment to have 1,000 primary care practices by 2027, with over half located in underserved areas, improving healthcare access and coordination.

Hims & Hers (NYSE: HIMS) and Walgreens (NASDAQ: WBA) have announced a collaboration to enhance access to health and wellness solutions. Hims & Hers products, including supplements and sexual health offerings, will be available at over 7,000 Walgreens locations and on walgreens.com starting early November. This partnership aims to destigmatize health topics and support Hims & Hers' goal of mass market accessibility, providing trusted health products to consumers in the U.S.

SigmaLedger has announced the adoption of its coupon fraud prevention solution, CuBE, by Procter & Gamble and Walgreens. This innovative system addresses the over $100 million annual losses due to coupon fraud in the retail industry. CuBE uses blockchain technology to validate coupons at the point of sale, effectively eliminating fraudulent transactions in real-time. With its deployment in over 10,000 US stores, CuBE has reportedly reduced coupon fraud by nearly 90%. The product streamlines the coupon clearing process, leading to faster reimbursements for retailers.

Walgreens will start administering Pfizer’s COVID-19 vaccine to children aged 5-11, beginning November 6, following FDA Emergency Use Authorization. With around 45 million COVID-19 vaccinations given by Walgreens thus far, the initiative targets pediatric health, especially in areas with high Social Vulnerability Index scores. The vaccine boasts a 90% efficacy rate, and appointments can be scheduled online or via phone, accommodating family schedules. This step is pivotal for preventing severe illness in children during the upcoming holiday season.

Western Dental & Orthodontics, in collaboration with the NFL Alumni Association-Southern California Chapter and Walgreens, will host a free COVID vaccination event on October 30 from 11 am to 3 pm in Inglewood, CA. The event aims to promote COVID awareness and provide free vaccinations and flu shots to attendees aged 12 and older. Families can also enjoy Halloween-themed activities. Walgreens pharmacists will administer the vaccines free of charge, contributing to community health during the pandemic.

Walgreens (WBA) has expanded COVID-19 booster shot eligibility, now offering Moderna and Johnson & Johnson vaccines nationwide following FDA and CDC guidelines. As of September 24, Pfizer booster doses were also authorized. Eligible individuals include seniors, long-term care residents, and those with underlying health conditions. Despite increasing vaccination rates among Hispanic and Black adults, disparities persist. Walgreens aims to address vaccine hesitancy through community-focused initiatives, having administered nearly 60% of COVID vaccines to people of color. Appointments can be scheduled online or via phone.

Walgreens Boots Alliance (WBA) has declared a quarterly dividend of 47.75 cents per share, maintaining the previous quarter's rate and marking a 2.1% increase from last year. The dividend will be payable on December 10, 2021, to shareholders of record as of November 15, 2021. WBA has paid dividends for 356 consecutive quarters and has increased the dividend for 46 consecutive years. This commitment reflects the company’s stability and confidence in its financial outlook.