Walgreens Boots Alliance, Inc. (WBA) Stock Predictions

Summary

Walgreens Boots Alliance Inc., based in Deerfield, Illinois, is a holding company formed in December 2014 when Walgreen completed its purchase of privately held Alliance Boots. The company generated $133 billion in revenue from continuing operations in FY22. Following the divestment of its healthcare distribution business, WBA is present in more than 9 countries. About 85% of sales come from the United States. The company has more than 14,000 stores under the Walgreen, Duane Reade and Boots names. WBA owns approximately 16% of AmerisourceBergen. The WBA’s fiscal year ends on August 31st. The company has reclassified its operations again. The new organization has a U.S. retail pharmacy unit, an international unit and a U.S. healthcare segment that includes recent investments in VillageMD, CareCentrix and Shields Health Solutions.