Company

Walgreens Boots Alliance, Inc.

Headquarters: Deerfield, IL, United States

Founded: December 31, 2014

Employees: 202,000

CEO: Ms. Rosalind Gates Brewer

show_chart NASDAQ: WBA +0.41%

Market Cap

$40.55 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

Walgreens Boots Alliance, Inc. is a holding company that owns Walgreens, Boots, and a number of pharmaceutical manufacturing, wholesale, and distribution companies. It operates in 25 countries through three divisions: retail pharmacy USA (Walgreens), retail pharmacy international (Boots and other retail operations internationally), and pharmaceutical wholesale (Alliance Healthcare).

Walgreens Boots Alliance, Inc. market capitalization over time

Evolution of Walgreens Boots Alliance, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Walgreens Boots Alliance, Inc.

Detailed Description

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. It operates through two segments, the United States and International. The United States segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides central specialty pharmacy services and mail services. As of August 31, 2021, this segment operated 8,965 retail stores under the Walgreens and Duane Reade brands in the United States; and five specialty pharmacies. The International segment sells prescription drugs; and health and wellness, beauty, personal care, and other consumer products through its pharmacy-led health and beauty retail stores and optical practices, as well as through boots.com and an integrated mobile application. It also engages in pharmaceutical wholesaling and distribution business in Germany. As of August 31, 2021, this segment operated 4,031 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 548 optical practices, including 160 on a franchise basis. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

Wikipedia Introduction

Walgreens Boots Alliance, Inc. is an Anglo-Swiss-American holding company headquartered in Deerfield, Illinois that owns the retail pharmacy chains Walgreens and Boots, as well as several pharmaceutical manufacturing and distribution companies. The company was formed on December 31, 2014, after Walgreens purchased the 55% stake in Alliance Boots that it did not already own. The total price of the acquisition was $4.9 billion in cash and 144.3 million common shares with fair value of $10.7 billion. Walgreens had previously purchased 45% of the company for $4.0 billion and 83.4 million common shares in August 2012 with an option to purchase the remaining shares within three years. Walgreens became a subsidiary of the newly created company after the transactions were completed. As of 2021, Walgreens Boots Alliance is ranked #16 on the Fortune 500 rankings of the largest United States corporations by total revenue. In fiscal year 2020, the company saw sales of $139.5 billion, up 2.5% from fiscal 2019, and saw net earnings decrease to $456 million. The combined business has operations in over 25 countries, as of August 31, 2020. Walgreens had formerly operated solely within the United States and its territories, while Alliance Boots operated a more multinational business. The company began trading on the NASDAQ on December 31, 2014 under the symbol WBA. On June 26, 2018, Walgreens Boots Alliance replaced General Electric on the Dow Jones Industrial Index. The company is also a component of the Nasdaq-100, the S&P 100 and the S&P 500 indices.

Source: Wikipedia, retrieved on March 31, 2022, 9:07 p.m.

Product & Services

Drug storePharmacy

Key People

Stefano Pessina (Executive Chairman) Rosalind Brewer (CEO)

Financials

Revenue: US$139.5 billion (2020)

Operating income: US$1.3 billion (2020)

Net income: US$456 million (2020)


Total assets: US$87.2 billion (2020)

Total equity: US$21.1 billion (2020)

Details

Headquarters:

108 Wilmot Road

Deerfield, IL 60015

United States

Phone: 847 315 3700