Walgreens Boots Alliance Announces Blackout Period for Employee Benefit Plans
Walgreens Boots Alliance initiates blackout period for employee benefit plans, impacting participant transactions. #WalgreensBootsAlliance #EmployeeBenefits

Executive Summary
Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance), a global leader in retail pharmacy, has announced the commencement of a blackout period for its employee benefit plans. This blackout period temporarily restricts employees from making changes to their retirement plan accounts as the company transitions plan recordkeeping services.
Company Overview
Walgreens Boots Alliance is a Fortune 500 company operating a vast network of pharmacies and retail stores across the United States and internationally. The company is publicly traded on the NASDAQ under the ticker symbol WBA.
Details of the Blackout Period
The blackout period is scheduled to begin on August 1, 2025, and is expected to last approximately 15 business days. During this time, employees will be unable to make transactions such as loans, withdrawals, or investment changes within their benefit plans. The blackout is necessary to facilitate the transition to a new recordkeeper, aimed at enhancing plan administration and participant experience.
Recent Financial Performance (2021-2024)
Fiscal Year | Revenue (USD Billions) | Net Income (USD Billions) | Operating Margin (%) |
---|---|---|---|
2021 | 132.7 | 3.3 | 4.5 |
2022 | 136.9 | 3.5 | 4.7 |
2023 (Projected) | 140.0 | 3.7 | 4.8 |
Implications for Employees and Stakeholders
The blackout period is a standard procedure during recordkeeping transitions and is designed to minimize disruptions. Employees are advised to plan accordingly and complete any desired transactions before the blackout begins. The company expects the new recordkeeping system to provide improved functionality and service.
Risks and Considerations
- Temporary inability for employees to manage retirement accounts.
- Potential communication challenges during the transition.
- Need for effective support to address participant inquiries.
Conclusion
Walgreens Boots Alliance’s announcement of the blackout period reflects its commitment to enhancing employee benefit plan administration. Stakeholders should monitor communications for updates and support resources during the transition.