YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Walgreens Boots Alliance reported a 22 percent drop in earnings largely due to a $300 million fee it paid Rite Aid Corp. after their failed attempt to merge.
Net income dropped to $802 million, or 76 cents per share, in the company's fourth quarter ended Aug. 31. That's down from $1.03 billion, or 95 cents per share, a year earlier.
Revenue rose 5.3 percent to $30.2 billion, according to Reuters.
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A relocation to Nixa from Republic and a rebranding occurred for Aspen Elevated Health; Kuick Noodles LLC opened; and Phelps County Bank launched a new southwest Springfield branch.