Financial PerformanceDespite exceeding expectations in the first quarter, Walgreens Boots Alliance only maintained its full-year earnings guidance due to ongoing challenges.
Legal RisksThe DOJ alleges Walgreens dispensed millions of unlawful prescriptions in violation of the Controlled Substances Act and sought reimbursement in violation of the False Claims Act.
Retail Segment ChallengesWalgreens Boots Alliance is struggling with product assortment, shrink, and a highly promotional environment amid macro consumer pressures.