Walgreens Revenue By Channel

Business / By Gennaro Cuofano / April 3, 2023 April 3, 2023

Walgreens generated 74% of its revenue from Pharmacy, compared to 26% from Retail in 2022, 76% of revenue from Pharmacy, and 24% from Retail in 2021.

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Walgreens Boots Alliance Revenue

walgreens-boots-alliance-revenue — Walgreens Boots Alliance generated $268.19 billion in revenue in 2022, compared to $232.72 billion in 2021, and $208.62 billion in 2020.

Walgreens Boots Alliance Profits

walgreens-boots-profits — Walgreens Boots Alliance generated $1.99 billion in profits in 2022, compared to a net loss of $3.47 billion in 2021 and $1.62 billion in 2020.

Walgreens Revenue

walgreens-revenue-breakdown — Walgreens generated 74% of its revenue from Pharmacy, compared to 26% from Retail in 2022, 76% of revenue from Pharmacy, and 24% from Retail in 2021.

Walgreens Distribution Strategy

walgreens-distribution-strategy — Walgreen’s distribution strategy is skewed toward pharmacy, which in 2022 generated 74% of its revenue, compared to retail which generated 26% of its revenue.

Boots Revenue

boots-revenue-breakdown — Boots generated 51% of its revenues from wholesale, compared to 42% from retail and 17% from the pharmacy segment in 2022.

Boots Distribution Strategy

boots-distribution-strategy — Boots’ distribution strategy is skewed toward wholesale, which generated 51% of the company’s revenue in 2022, compared to 32% from retail and 17% from the pharmacy segment.

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CVS Revenue

cvs-revenue — CVS generated over $322 billion in revenue in 2022, compared to over $292 billion in 2021 and over $268 billion in 2020. In 2022, of CVS’s revenue, most of it came from products, followed by premiums and services.

CVS Profits

cvs-profits — CVS generated $4.15 billion in profits in 2022, compared to $7.91 billion in 2021 and $7.18 billion in 2020.

CVS Revenue Breakdown

cvs-revenue-breakdown

CVS Distribution Strategy

cvs-distribution-strategy — CVS’s distribution strategy is toward pharmacy, which in 2022 generated nearly 77% of the company’s revenue compared to front store & others, which generated over 23% of its revenue.

CVS Revenue By Channel

cvs-revenue-by-channel — In 2022, CVS generated most of its revenue from pharmacy (76.9%), compared to 76% of revenue from pharmacy in 2021 and 76.9% in 2020. The rest is generated by retail & others.

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About The Author

Gennaro Cuofano

Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.