AllAnalyst Report
logoMorningstarMarch 28, 2024

Walgreens Boots Alliance, Inc.: Walgreens Earnings: Steep Impairment Charges and Narrowed Earnings Guidance Mask Improvement

Symbols
WBA
Sector(s)
Healthcare
Rating
Current Price
$17.70
Fair Value
Economic Moat
Stewardship
Summary

Walgreens Boots Alliance is one of the largest retail pharmacy chains in the U.S., with over 8,500 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the U.S. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating

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