• About
  • Advertise
  • Privacy & Policy
  • Contact
VOUS MAGAZINE
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
    • All
    • Politics
    • Science
    • World

    Hillary Clinton in white pantsuit for Trump inauguration

    Amazon has 143 billion reasons to keep adding more perks to Prime

    Shooting More than 40 Years of New York’s Halloween Parade

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    These Are the 5 Big Tech Stories to Watch in 2017

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Sports

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Harnessing the power of VR with Power Rangers and Snapdragon 835

    Dota 2 and CS:GO top Steam’s 2016 list for most played games

    Vinales will be as tough for Rossi as Lorenzo – Suzuki MotoGP boss

  • Lifestyle
    • All
    • Food
    • Health
    • Travel

    Shooting More than 40 Years of New York’s Halloween Parade

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Ducati launch: Lorenzo and Dovizioso’s Desmosedici

    23 Celebrity Tweets You Missed From The Golden Globes

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
    • All
    • Politics
    • Science
    • World

    Hillary Clinton in white pantsuit for Trump inauguration

    Amazon has 143 billion reasons to keep adding more perks to Prime

    Shooting More than 40 Years of New York’s Halloween Parade

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    These Are the 5 Big Tech Stories to Watch in 2017

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Sports

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Harnessing the power of VR with Power Rangers and Snapdragon 835

    Dota 2 and CS:GO top Steam’s 2016 list for most played games

    Vinales will be as tough for Rossi as Lorenzo – Suzuki MotoGP boss

  • Lifestyle
    • All
    • Food
    • Health
    • Travel

    Shooting More than 40 Years of New York’s Halloween Parade

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Ducati launch: Lorenzo and Dovizioso’s Desmosedici

    23 Celebrity Tweets You Missed From The Golden Globes

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
VOUS MAGAZINE
No Result
View All Result
Home Designers

Boots UK Shines as Standout Performer for Walgreens Boots Alliance in Q4

Rocio Lugo by Rocio Lugo
octubre 13, 2023
in Designers
0 0
0
Boots UK Shines as Standout Performer for Walgreens Boots Alliance in Q4
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Walgreens Boots Alliance, the parent company of Boots and Walgreens, made headlines this week with the appointment of its new CEO, Tim Wentworth, followed by the release of its latest quarterly results.

These results demonstrate that while the group is on the path to recovery, there is work to be done. However, the standout star in this performance is the UK-based Boots chain, which has undergone a remarkable turnaround.

In Q4, the operating loss reduced significantly to $450 million from $822 million in the same period last year. The adjusted operating income, accounting for a 9.8% decline on a constant currency basis, was $683 million, primarily due to decreased volumes in Covid-19 vaccinations and testing. It’s essential to note that health and beauty are integral parts of this business.

The net loss for the quarter was $180 million, compared to $415 million in the previous year. Adjusted net earnings decreased by 17.1% to $575 million.

But how did sales perform? Q4 sales saw a substantial increase of 9.2%, reaching $35.4 billion, an 8.3% growth on a constant currency basis.

Ginger Graham, interim CEO, acknowledged the need to realign costs with performance, aiming for cost reductions of at least $1 billion and lower capital expenditures by approximately $600 million. The effects of these actions are expected to be seen in fiscal 2024, starting in the second quarter.

In key segments of the business in Q4, US Retail Pharmacy sales climbed to $27.666 billion, while adjusted operating income dropped to $554 million. While Pharmacy sales rose, Retail sales fell by 4.3%, and comparable retail sales decreased by 3.3%.

The International segment showcased a different story, with sales reaching $5.784 billion, up from $5.144 billion in the same quarter. Adjusted operating income also rose to $259 million from $163 million. Sales saw a 6.7% increase on a constant currency basis, with Boots UK driving a 10.9% sales growth, and the German wholesale business experiencing a 3.5% growth.

Notably, Boots UK witnessed an impressive 11.7% increase in comparable retail sales, with growth across all categories and a 4% improvement in footfall. Boots.com continued to perform strongly, with sales growing by 28.9%, accounting for over 13% of Boots’ total retail sales.

Analysts were particularly impressed by Boots’ performance. Tash Van Boxel, Retail Analyst at GlobalData, noted that the health and beauty specialist had enjoyed a successful year, partly due to improved stock availability and a robust loyalty scheme. The Advantage Card, the most popular retailer loyalty scheme in the sector, saw a surge in active users, making significant savings on key items like suncream and skincare essentials.

Skincare sales surged by 25%, driven by Boots’ own brand ranges, which were embraced by cost-conscious shoppers. Premium beauty sales also saw a remarkable 20% increase, showcasing Boots’ ability to appeal to a wide range of consumers, regardless of income. With the upcoming opening of the Battersea Beauty store by 2024, premium beauty is expected to continue driving growth in the next financial year.

Tags: DESIGNFASHIONNEWS FASHION
Rocio Lugo

Rocio Lugo

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

How to design clothes on roblox

mayo 10, 2023
VOUS Magazine | The May Fashion Edition | Vol.1 | 2024

VOUS Magazine | The May Fashion Edition | Vol.1 | 2024

mayo 14, 2024
alice roberts wedding photos

alice roberts wedding photos

septiembre 16, 2023
80s fashion photographers

80s fashion photographers

septiembre 17, 2023
Bisutex ‘minis’ are sold out with one hundred percent of space contracted

Bisutex ‘minis’ are sold out with one hundred percent of space contracted

1
The Best Street Style From Paris Fashion Week Spring 2018

The Best Street Style From Paris Fashion Week Spring 2018

0
The Best Street Style From Paris Fashion Week Spring 2018

Saint Laurent Introduces the World to Trinidad’s Next Top Model

0
The Best Street Style From Paris Fashion Week Spring 2018

Versace Spring Summer 2018 Rtw

0
COVER STORY – VOUS Magazine | The April Simonetta Lein Edition | Vol.1 | 2025

COVER STORY – VOUS Magazine | The April Simonetta Lein Edition | Vol.1 | 2025

abril 23, 2025
Hale Bob’s First Showroom Arrives in LA, Bringing Fashion to Life

Hale Bob’s First Showroom Arrives in LA, Bringing Fashion to Life

abril 8, 2025
CROPS by FEERIC HUB: fashion’s bold new frontier

CROPS by FEERIC HUB: fashion’s bold new frontier

diciembre 11, 2024
Vice & Velvet by Mohammad Jafari

Mohammad Jafari x Vous Magazine

noviembre 27, 2024

Recent News

COVER STORY – VOUS Magazine | The April Simonetta Lein Edition | Vol.1 | 2025

COVER STORY – VOUS Magazine | The April Simonetta Lein Edition | Vol.1 | 2025

abril 23, 2025
Hale Bob’s First Showroom Arrives in LA, Bringing Fashion to Life

Hale Bob’s First Showroom Arrives in LA, Bringing Fashion to Life

abril 8, 2025
CROPS by FEERIC HUB: fashion’s bold new frontier

CROPS by FEERIC HUB: fashion’s bold new frontier

diciembre 11, 2024
Vice & Velvet by Mohammad Jafari

Mohammad Jafari x Vous Magazine

noviembre 27, 2024
VOUS MAGAZINE

© 2024 Vous Magazine - The best editorial magazine in Spain.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result

© 2024 Vous Magazine - The best editorial magazine in Spain.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Ir a la versión móvil