Walgreens Boots Alliance, Inc. (WBA) delivered adjusted earnings per share (EPS) of 39 cents in the fourth quarter of fiscal 2024, down 41.8% from the year-ago quarter’s figure (down 40.8% at constant exchange rate or CER). However, the figure topped the Zacks Consensus Estimate by 8.3%.GAAP loss per share for the fourth quarter was $3.48, wider than the year-ago quarter’s 21 cents loss.For the full year, adjusted EPS was $2.88, a 27.6% decline from fiscal 2023 (down 27.9% at CER). This exceeded the Zacks C ...

文章核心观点 - 沃尔格林-布茨联盟正在进行一项以零售药房业务为中心的转型 [1] - 公司计划在未来三年内关闭约1,200家表现不佳的门店,以精简运营并提高盈利能力 [2] - 公司将2024财年定为基础性一年,专注于成本管理和运营效率,稳定核心零售药房业务,优化门店网络,调整报销结构 [3] - 公司正在探索新的产品组合,增加自有品牌的存在,扩大数字化产品,以满足不断变化的消费者偏好 [3] - 公司将利用其庞大的药房员工网络,维持与客户的紧密关系,并有效应对不断变化的需求 [3] 根据相关目录分别进行总结 公司业务现状及转型策略 - 公司正面临消费者支出环境和药房行业的持续挑战 [1] - 公司计划在未来三年内关闭约1,200家表现不佳的门店,以提高现金流和优化门店网络,集中于表现更好的门店 [2] - 公司将2024财年定为基础性一年,专注于成本管理和运营效率,稳定核心零售药房业务,优化门店网络,调整报销结构 [3] 公司应对措施 - 公司正在探索新的产品组合,增加自有品牌的存在,扩大数字化产品,以满足不断变化的消费者偏好 [3] - 公司将利用其庞大的药房员工网络,维持与客户的紧密关系,并有效应对不断变化的需求 [3] - 公司将通过管理资本支出和非核心资产的变现,来改善现金流和降低净债务 [4] 行业发展趋势 - 公司的转型举措与竞争对手Rite Aid和CVS采取的私有品牌/关店策略相似,以应对不断上升的医疗成本和疫后收入下降 [4] - 行业专家担忧零售药房的实体门店模式可能面临类似于Blockbuster和Hollywood Video的命运,而线上零售商如亚马逊可能成为新的"网飞" [6]

文章核心观点 - 沃尔格林(Walgreens)计划在未来3年内关闭约1,200家门店,其中2025财年将关闭500家门店 [1][2] - 沃尔格林目前在美国拥有约8,700家门店,其中约四分之一是亏损的 [2] - 管理层认为关店计划将立即提升调整后的收益和自由现金流 [2] 财务数据总结 - 2022年第四季度销售额为375亿美元,同比增长6% [1] - 第四季度每股GAAP亏损3.48美元,调整后每股收益0.39美元,同比下降40.8%,但高于分析师预期的0.36美元 [1] 投资评级 - 大多数投资者目前可能会选择观望沃尔格林的股票 [3] - 但沃尔格林股票的市盈率仅为4.2倍,有望通过关店计划提升收益,对于寻求反转机会的积极投资者来说可能具有吸引力 [3]

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

For the quarter ended August 2024, Walgreens Boots Alliance (WBA) reported revenue of $37.55 billion, up 6% over the same period last year. EPS came in at $0.39, compared to $0.67 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $35.74 billion, representing a surprise of +5.07%. The company delivered an EPS surprise of +8.33%, with the consensus EPS estimate being $0.36.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

KEY TAKEAWAYSWalgreens Boots Alliance said Tuesday that it is shutting around 1,200 stores over the next three years, as the drugstore chain moves to turn around its troubled U.S. business.The chain said it would shut 500 stores in fiscal 2025, and that the closures would be "immediately accretive" to its adjusted EPS and free cash flow.Walgreens also reported fourth-quarter revenue and adjusted EPS that beat Wall Street estimates.Shares of the company are rising more than 3% in premarket trading. Walgreens ...

业绩总结 - 2024财年第四季度销售额为375.47亿美元，同比增长6.0%[11] - 2024财年净收益为-86.36亿美元，调整后净收益为24.91亿美元，同比下降27.6%[13] - 2024财年调整后营业收入为26.24亿美元，同比下降32.2%[13] - 2024财年美国零售药房的调整后营业收入为22.0亿美元，同比下降41.3%[14] - 2024财年美国零售药房的销售额为115.78亿美元，同比增长5.0%[14] - 2024财年国际业务销售额为59.71亿美元，同比增长3.7%[19] - 2024财年调整后每股收益为2.88美元，同比下降27.6%[13] - 2024财年自由现金流为2300万美元，同比下降64200万美元[24] - 2024财年运营现金流受到934百万美元法律相关支付的负面影响[24] 用户数据 - 2024财年美国零售药房的同店销售增长为8.3%[14] - 2024财年Boots UK的零售同店销售增长为6.2%[21] - 2024财年美国零售药房的处方市场份额信息截至2024年8月31日为估算值[42] 未来展望 - 预计2025财年销售额在1470亿至1510亿美元之间[30] - 2025财年调整后的每股收益指导为1.40至1.80美元[27][30] - 预计在未来三年内关闭约1200家门店，预计将立即提高现金流[29] - 预计2025财年U.S. Healthcare的调整后营业收入在5000万至9000万美元之间[32] 新产品和新技术研发 - 调整后的EBITDA在2024财年第四季度改善9400万美元，主要受益于VillageMD的成本节约和Shields的增长[22] 负面信息 - 2024财年公司因法律和监管的应计和和解费用记录了561百万美元的相关费用[47] - 2024财年公司因商誉、无形资产和长期资产减值记录了6195万美元的费用[54] - 2024财年公司调整后的净亏损为863.6百万美元，相较于2023财年的308百万美元增加了180.4%[52] 其他新策略 - 2024财年因收购相关费用记录了2.17亿美元的费用，同比增加了171.3%[54] - 2024财年因转型成本管理计划记录了100万美元的费用[54] - 2024财年因收购整合和重组费用支出为300万美元，较2023年的200万美元增长了50%[83]

Walgreens Boots Alliance (WBA) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this largest U.S. drugstore chain would post earnings of $0.67 per share when it actually produced earnings of $0.63, delivering a surprise of -5.97%.Over the last ...

Walgreens plans to close at least 1,200 stores over the next three years as the pharmacy giant seeks to reduce costs and turn around operations under a new leader.  One of the largest drugstore chains in the country, Walgreens said it was targeting 900 to 1,000 stores primarily across the U.S. by the end of fiscal year 2027, which is part of the company's "multi-year footprint optimization program." About 500 stores are slated to close as early as fiscal year 2025.WALGREENS TO PAY $106.8M OVER CLAIMS IT BIL ...

Walgreens announced that it will shutter 1,200 stores over the next three years — and 500 locations in 2025 alone — as the drugstore giant seeks to slash $1 billion in costs.The Chicago-based pharmacy chain, which has around 8,700 locations nationwide, told analysts on Tuesday that one in four of its stores are unprofitable.The closures were announced in June but the company had not disclosed the number of affected stores at that time. Walgreens announced that it will shutter 1,200 stores over the next thre ...