Who Optimizes SG&A Costs Better? Walgreens Boots Alliance, Inc. or Viking Therapeutics, Inc.

SG&A Cost Management: Walgreens vs. Viking

__timestampViking Therapeutics, Inc.Walgreens Boots Alliance, Inc.
Wednesday, January 1, 2014124491017992000000
Thursday, January 1, 2015502963622400000000
Friday, January 1, 2016484677623910000000
Sunday, January 1, 2017532900323813000000
Monday, January 1, 2018712100024694000000
Tuesday, January 1, 2019912800023557000000
Wednesday, January 1, 20201073100025436000000
Friday, January 1, 20211070100024586000000
Saturday, January 1, 20221612100027295000000
Sunday, January 1, 20233702100034205000000
Monday, January 1, 202428113000000
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Data in motion

Optimizing SG&A: A Tale of Two Companies

In the competitive world of pharmaceuticals and retail, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Walgreens Boots Alliance, Inc. and Viking Therapeutics, Inc. offer a fascinating study in contrasts. From 2014 to 2023, Walgreens consistently reported SG&A expenses in the range of $17.7 billion to $28.1 billion, reflecting its vast global operations. In contrast, Viking Therapeutics, a smaller biotech firm, maintained SG&A costs between $1.2 million and $37 million, showcasing a leaner approach.

A Decade of Financial Strategy

Over the decade, Walgreens' SG&A expenses grew by approximately 44%, while Viking's expenses surged by over 2,800%, indicating aggressive expansion. However, the data for 2024 is incomplete for Viking, suggesting a need for further analysis. This comparison highlights the diverse strategies companies employ to manage operational costs, with Walgreens focusing on scale and Viking on agility.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025