Walgreens 2015 Annual Report Download - page 122

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Summary of Quarterly Results (Unaudited)
(In millions, except per share amounts)
Quarter Ended
November February May August Fiscal Year
Fiscal 2015
Net Sales $19,554 $26,573 $28,795 $28,522 $103,444
Gross Profit 5,296 6,882 7,481 7,265 26,924
Net Earnings attributable to Walgreens Boots Alliance,
Inc. 850 2,042 1,302 26 4,220
Net earnings per common share attributable to Walgreens
Boots Alliance, Inc. -
Basic $ 0.90 $ 1.96 $ 1.19 $ 0.02 $ 4.05
Diluted 0.89 1.93 1.18 0.02 4.00
Cash Dividends Declared Per Common Share $0.3375 $0.3375 $0.3375 $0.3600 $ 1.3725
Fiscal 2014
Net Sales $18,329 $19,605 $19,401 $19,057 $ 76,392
Gross Profit 5,152 5,650 5,440 5,327 21,569
Net Earnings attributable to Walgreens Boots Alliance,
Inc. 723 716 714 (221) 1,932
Net earnings per common share attributable to Walgreens
Boots Alliance, Inc. -
Basic $ 0.76 $ 0.75 $ 0.75 $ (0.23) $ 2.03
Diluted 0.75 0.74 0.74 (0.23) 2.00
Cash Dividends Declared Per Common Share $0.3150 $0.3150 $0.3150 $0.3375 $ 1.2825
Common Stock Prices (Unaudited)
The following table sets forth the sales price ranges of the Company’s common stock by quarter during the fiscal
years ended August 31, 2015 and August 31, 2014 as reported by the Consolidated Transaction Reporting
System.
Quarter Ended
November February May August Fiscal Year
Fiscal 2015 High $69.37 $83.77 $93.42 $97.30 $97.30
Low 58.39 66.46 81.01 76.01 58.39
Fiscal 2014 High $60.93 $69.84 $71.97 $76.39 $76.39
Low 48.18 54.86 62.80 57.75 48.18
21. Subsequent Event
On October 27, 2015, the Company entered into an Agreement and Plan of Merger with Rite Aid Corporation
(“Rite Aid”) and Victoria Merger Sub, Inc., a wholly-owned subsidiary of the Company (the “Merger
Agreement”), pursuant to which the Company agreed, subject to the terms and conditions thereof, to acquire Rite
Aid, a drugstore chain in the United States with 4,561 stores in 31 states and the District of Columbia as of
August 29, 2015. On the terms and subject to the conditions set forth in the Merger Agreement, Rite Aid will
become a wholly-owned subsidiary of the Company and Rite Aid stockholders will be entitled to receive $9.00 in
cash for each outstanding share of Rite Aid common stock, for a total enterprise value of approximately $17.2
billion, including acquired net debt. The transaction is expected to close in the second half of calendar 2016,
subject to Rite Aid stockholder approval, regulatory approvals and other customary closing conditions.
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