Dollar General Corp. got off to a strong start in fiscal year 2025 and is raising its guidance for the full year as it plans to mitigate any potential tariff impact.
Dollar General Q1 beats Street, on track to open 575 U.S. stores; boosts guidance | Chain Store Age
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Walgreens Boots Alliance and McKesson Corporation announced the completion of their previously announced agreement to create a joint venture combining their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland (AHD) and GEHE Pharma Handel (GEHE). WBA holds a 70 percent controlling equity interest in the joint venture and McKesson holds the remaining 30 percent interest. “At Walgreens Boots Alliance, we all look forward to working together with McKesson Corporation on this joint venture,” said Ornella Barra, co-chief operating officer, Walgreens Boots Alliance. “It is a very exciting step for our Pharmaceutical Wholesale Division and a unique chance for us to further develop innovative services to manufacturers and pharmacists in Germany.”
*First quarter net sales and earnings exceed expectations and company raises full year 2021 financial outlook *First quarter net sales increase 69.5% *First quarter diluted earnings per share of $0.09; adjusted diluted earnings per share(2) of $1.05 *Strengthened financial position during the quarter, reducing long-term debt by over $500 million and ending with $1.6 billion in cash *Raises full year 2021 net sales to increase in the mid-to-high teens percentage range as compared to 2020, operating margin to be in the range of 5.7% to 6.1% and adjusted earnings per share to be in the range of $3.80 to $4.20, excluding any non-recurring charges
Midland Paper, Packaging & Supplies, one of North America's largest independent distributors of media for business communications, wrapped up a very successful Dscoop 2018 in Dallas Texas last week. Midland Paper unveiled three unique specialty products that created new and exciting print opportunities for the Dscoop participants: •Diamond Print Glitter - Eye catching, non-flaking, glitter paper that folds without cracking with unlimited print applications •Blanks Plastic Paper - Unique waterproof poly film used for menus, tags, cards, POP, signage and other graphic applications •Setalux HP - Printable book, magazine, catalog cover material as well as luxury packaging. “All three new products created a lot of “buzz” on the showcase floor. We couldn’t keep up with the requests for samples on the Diamond Print Glitter, while the Plastic Paper and Setalux HP were extremely popular." Click Read More below for additional information.