|Price Range 12mo avg:||$1M – $13M|
|$/sf 12mo avg:||$458.85|
|CAP Rate 12mo avg:||6.00%|
|Lease Terms:||25yrs NNN|
|Building Size avg:||14,300 SF|
|Lot Size avg:||1.9+/- acres|
Walgreens (NASDAQ: WBA) was founded in Chicago, Illinois in 1901.
As of December 31, 2014 Walgreens is part of the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc.
Walgreens is the largest drug retailing chain in the United States. Walgreens provides access to consumer goods and services, plus pharmacy, photo studio, health and wellness services in the United States through its retail drugstores,Walgreens Health Services division, and Walgreens Health and Wellness division.
The company sells prescription and non-prescription drugs, as well as general merchandise products.
Today, Walgreens is taking its products and services to the four corners of the world as part of the Retail Pharmacy USA division of Walgreens Boots Alliance, Inc., the first global pharmacy-led, health and well-being enterprise in the world. Walgreens Alliance Boots was created through the combination of Walgreens and Alliance Boots in December 2014. This transaction brought together two leading companies with iconic brands. Walgreens anticipates capital expenditures to be approximately $1.7 billion in fiscal 2015.
|S&P Credit Rating:||BBB-|
|Moody’s Credit Rating:||Baa2|
|Annual Revenue 2014:||$76.4B|
|Annual Revenue 2013:||$72.2B|
|Revenue Growth:||↑ 5.80% from 2013|
|Units (Dec. 2014)||8,309|
|Average Units Volume:||$9.19M|
Yahoo! Finance: WBA News Latest Financial News for WBA
US STOCKS-Global growth worries, J&J's tumble drag Wall St lower
on December 14, 2018 at 6:30 pm
U.S. stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson slid after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder. The report, which J&J has disputed, sent the company's shares tumbling 8.31 percent in heavy volume. The stock was easily the biggest drag on the S&P 500 and the Dow Industrials. […]
Walgreens Slides on Downgrade From Goldman Sachs
on December 14, 2018 at 6:15 pm
"We downgrade WBA to Sell as challenges in its retail pharmacy business have intensified, forcing the company to search for other avenues of growth," Goldman Sachs analysts wrote in a note. The challenges Walgreens faces are part of a broader negative picture for pharmacies, according to Goldman. On the revenue side of the equation, price increases in the industry have been bleak. […]
J&J Asbestos Report Pulls Health Care Stocks Down Midday
on December 14, 2018 at 6:08 pm
The consumer goods and medical company slumped about 7%, wiping off $24 billion from its market capitalization, after Reuters reported that it knew about the presence of asbestos as early as 1971 and hired ghostwriters to redraft studies of its baby powder. […]
Upcoming Earnings to Watch: MU, NKE, WBA
on December 14, 2018 at 5:34 pm
A new earnings season is also on the horizon, and a fresh batch of companies have the opportunity to ease Wall Street's nerves if they can post strong results. Here's a look at a few of the earnings announcements due during the week of December 17. […]
Goldman downgrades Walgreens' stock to rare 'sell,' shares fall
on December 14, 2018 at 4:39 pm
Goldman analyst Robert Jones said he doesn't think Walgreens' numerous partnerships with other companies will help offset declines in its core retail pharmacy business. He downgraded Walgreens to "sell" ... […]