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17

Walgreens Boots Alliance

WBA

In December, Walgreens announced its plans to cut more than $1 billion from its annual costs over the next three years in order to stay agile in an increasingly competitive retail space. As Amazon continues to edge into the pharmaceutical space, Walgreens has increased its partnerships and consumer offerings. The drug store completed its nearly $4.4 billion acquisition of more than 1,900 Rite Aid stores and three distribution centers in March, although the stores won’t be fully integrated into Walgreens until the 2020 fiscal year. In the past year, the drugstore has also partnered with Humana to offer senior-focused care, Alphabet’s Verily to assist patients with chronic illness, FedEx to offer next-day prescription delivery, and Kroger to test an in-store grocery pilot and let Walgreens serve as a pickup point for online grocery orders. The drugstore has also cleared space for CBD products to be sold in 1,500 stores across nine states.

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CEO

Stefano Pessina

CEO Title

Chairman & Chief Executive Officer

Sector

Food & Drug Stores

Industry

Food and Drug Stores

HQ Location

Deerfield, Ill.

Years on Fortune 500 List

25

Employees

299,000

Figures are for fiscal year ended Aug. 31, 2018.
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$131,53711.3%
Profits ($M)$5,024.023.2%
Assets ($M)$68,124
Total Stockholder Equity ($M)$26,007
Profit Ratios
Profit as % of Revenues3.8%
Profits as % of Assets7.4%
Profits as % of Stockholder Equity19.3%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)5.05
EPS % Change (from 2017)33.6%
EPS % Change (5 year annual rate)14.6%
EPS % Change (10 year annual rate)8.8%
Total Return
Total Return to Investors (2018)-3.7%
Total Return to Investors (5 year, annualized)5.5%
Total Return to Investors (10 year, annualized)13.0%
STOCK QUOTE
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