secwatch.observer — SEC 8-K summary
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Issuer:     Walgreens Boots Alliance, Inc. (—)
CIK:        0001618921
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001193125-24-237203
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Walgreens reports FY2024 loss of $10.01/sh, plans to close 1,200-1,300 stores by 2027
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- Q4 loss per share $3.48 (incl. $0.39 adj. EPS, down 40.8% YoY); revenue $37.5B (+6.0%).
- FY2024 loss per share $10.01; adjusted EPS $2.88 (-27.9%); revenue $147.7B (+6.2%).
- Footprint Optimization: close ~900-1,000 stores by FY2027, plus 300 from prior program for total 1,200-1,300; ~500 in FY2025.
- Pre-tax charges $2.2-2.4B (lease $1.8-2.0B, impairments $300M, severance $100M); program accretive to cash flow starting FY2025.
- FY2025 adjusted EPS guidance $1.40-1.80; expects Healthcare and Intl growth offset by U.S. Retail decline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618921/000119312524237203/0001193125-24-237203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618921/000119312524237203/d870298d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-237203

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