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Jan. 13, 2021, 8:53 a.m. EST

Walgreens to launch credit cards with Synchrony Financial and Mastercard

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By Tonya Garcia

Walgreens Boots Alliance Inc. /zigman2/quotes/203410933/composite WBA +2.71% said Wednesday that it will expand its partnerships with Synchrony Financial /zigman2/quotes/203661733/composite SYF +1.35% and Mastercard Inc. /zigman2/quotes/207581792/composite MA +2.90% with credit cards and a prepaid debit card. The credit cards will be tied to the pharmacy retailer's newly-launched loyalty program, offering points as well as other benefits. The credit cards are expected to launch during the second half of this year. Walgreens stock was up 1.3% in Wednesday premarket trading, but has slumped 11.3% over the last year. Synchrony Financial stock is up 3.3% over the past 12 months. And Mastercard stock has gained 8.8% for the period. The S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.54% is up 15.6% over the past year.

/zigman2/quotes/203410933/composite
US : U.S.: Nasdaq
$ 48.48
+1.28 +2.71%
Volume: 5.11M
March 8, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
3.86%
Market Cap
$40.87 billion
Rev. per Employee
$421,562
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/zigman2/quotes/203661733/composite
US : U.S.: NYSE
$ 40.64
+0.54 +1.35%
Volume: 8.17M
March 8, 2021 4:00p
P/E Ratio
17.86
Dividend Yield
2.17%
Market Cap
$23.42 billion
Rev. per Employee
$777,394
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/zigman2/quotes/207581792/composite
US : U.S.: NYSE
$ 371.33
+10.45 +2.90%
Volume: 7.21M
March 8, 2021 4:00p
P/E Ratio
58.26
Dividend Yield
0.47%
Market Cap
$358.48 billion
Rev. per Employee
$728,619
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/zigman2/quotes/210599714/realtime
US : S&P US
3,821.35
-20.59 -0.54%
Volume: 2.99B
March 8, 2021 5:05p
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