Walgreen Boots Stock Price, News & Analysis

Walgreens has expanded its collaboration with Uber, allowing customers to order products directly through the Uber Eats platform. This service is now active in over 7,800 stores nationwide, with plans to include over 20,000 products.

As part of the launch, Walgreens is offering a promotion of $20 off orders over $30 until June 27. Additionally, the partnership includes an integrated vaccine scheduling option through Uber, streamlining health service access for customers as they transition from the pandemic.

Walgreens is extending pharmacy hours every Friday in June, enabling walk-in COVID-19 vaccinations at 4,000 locations. This initiative supports the Biden Administration's goal to vaccinate 70% of adults by July 4. Walgreens has hosted over 1,000 vaccine clinics in underserved areas, and launched a mobile clinic for increased outreach. New partnerships aim to tackle vaccine hesitancy. Customers can donate Walgreens Cash rewards to fund free transportation for vaccine appointments.

Walgreens Boots Alliance (Nasdaq: WBA) is set to release its fiscal 2021 Q3 earnings on July 1, 2021, at 7 a.m. ET, followed by a conference call at 8:30 a.m. ET. This call will be available for streaming on the WBA investor relations website and archived for 12 months. The company operates over 21,000 stores globally, employing more than 450,000 people, and has been recognized as one of FORTUNE’s Most Admired Companies for 28 consecutive years. The call will discuss recent financial performance and future outlook, with caution about forward-looking statements.

Walgreens Boots Alliance (Nasdaq: WBA) has finalized the sale of its Alliance Healthcare businesses to AmerisourceBergen, netting approximately $6.5 billion, comprised of $6.275 billion in cash and 2 million shares of AmerisourceBergen stock. The cash proceeds will be utilized to pay down $3.3 billion of debt and invest in strategic opportunities aimed at growth in retail pharmacy and healthcare services. The company plans to continue with its expansion of Village Medical clinics and enhance pharmacy automation through its recent acquisition of iA.

Walgreens Boots Alliance (Nasdaq: WBA) has been recognized in 3BL Media’s 100 Best Corporate Citizens ranking for its strong environmental, social, and governance (ESG) transparency. This accolade highlights WBA's commitment to social and environmental responsibilities, particularly during the COVID-19 pandemic. The ranking evaluates 146 ESG factors across eight pillars including climate change and governance. WBA emphasizes healthcare access, sustainability of products, and respect for its employees through various initiatives.

Walgreens Boots Alliance (Nasdaq: WBA) announced a commitment of US$350,000 to the American India Foundation to address COVID-19 needs in India. This includes a direct donation of $100,000, matching employee contributions, and in-kind donations of pulse oximeters valued at $50,000. WBA has previously administered over 15 million COVID-19 vaccines and provided access to testing in over 6,000 locations.

Walgreens has launched a Same Day Delivery service, allowing customers to receive retail products within two hours nationwide. Over 24,000 items are available for this service, which does not have a minimum order requirement. Customers can utilize the Walgreens app or website for contactless delivery. The service integrates with the myWalgreens rewards program, enabling users to earn and redeem Walgreens Cash rewards and promotions. This initiative continues Walgreens' commitment to enhancing customer experience following the myWalgreens launch in November 2020.