Walgreens Boots Alliance, Inc. – Company Overview
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| Company | Walgreens Boots Alliance, Inc. |
| Headquarters | 200 Wilmot Rd, Deerfield, IL 60015, USA |
| CEO | Stefano Pessina |
| CFO | George R. Fairweather |
| Industry | Retail |
| Type | Public |
| Founder | Charles R. Walgreen |
| Founded | 1901 |
| NYSE stock symbol | WAG |
| Net Sales | $103,444 million USD (2015) |
| Operating income | $4,668 million USD (2015) |
| Net earnings | $4,220 million USD (2015) |
| Employees | 360,000 (2015) |
| Website | http://www.walgreens.com |
| IR contact number | 847-315-2922 |
| IR email address | [email protected] |
Walgreens Boots Alliance, Inc. is America’s largest drugstore chain, with more than 8,500 locations in the U.S. and Puerto Rico. The company is headquartered in Chicago, Illinois.
The company focuses on selling consumer goods and services, pharmaceuticals, and health/wellness products.
Walgreens was founded by Charles R. Walgreen, Sr in 1901. The company’s first store opened in Chicago and by 1913 there were a total of four stores in Chicago’s South Side.
In 1927 Walgreen Co. stock went public on the New York Stock Exchange (NYSE). The company survived the Great Depression and continued opening new stores across the country.
According to Walgreens, the company’s vision is “to be consumers’ first choice for health and daily living across the nation, and a central part of people’s lives and the communities where they live and work.”
Walgreens Boots Alliance, Inc. – Financial Results
| Key figures (in millions of USD) | 2015* | 2014* |
| Net sales | $103,444 | $76,392 |
| Gross profit | $26,924 | $21,569 |
| Operating income | $4,668 | $4,194 |
| Net earnings | $4,220 | $1,932 |
| Total assets | $68,782 | $37,250 |
| Cash and cash equivalents at beginning of period | $2,646 | $2,106 |
| Cash and cash equivalents at end of period | $3,000 | $2,646 |
*For the years ended August 31, 2015 and 2014
Source: “Walgreen Co. – 2015 Form 10-K”
News about Walgreens Boots Alliance, Inc. reported by our Market Business News team
Octubre 28, 2015: Walgreens posts Q4 results in line with Wall Street expectations
Octubre 27, 2015: Walgreens acquiring rival Rite Aid for $17.2 billion