Flash ReportWalgreens Boots Alliance Displaces CVS from Tricare Pharmacy Network Coresight Research October 7, 2016 Executive Summary Walgreens Boots Alliance (WBA) will replace CVS as the in-network pharmacy for Tricare, the healthcare program of the US Department of Defense Military Health System. Tricare, which accounts for $13 billion in prescription spending every year, will remove more than 9,600 CVS pharmacy stores from its network, while adding around 8,000 Walgreens stores. The change is expected to add $2.3 billion to Walgreens Boots Alliance’s top line, or $0.06–$0.08 in EPS, at the expense of CVS. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: Constrained Consumers Could Soon “Get to the Goods” Again—Evolving In-Store Loss Prevention, with John Harmon2026 Sector Outlook: US Mass Merchandisers, Warehouse Clubs and Discount Retailers—Warehouse Clubs To Lead Growth amid Sustained Value-Seeking BehaviorEarnings Insights 1Q25, Week 1: Mixed Results from LVMH, Nestlé, P&G and Others Amid Heightened Tariff Concerns—InfographicUS Store Tracker Extra, August 2025: At Home, Claire’s and Office Depot Closures Add 4+ Million Square Feet to Total Closed Retail Space
