Friday, November 29, 2024

Is Your Favorite Pharmacy About To Go Belly Up?

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Friday, November 29th 2024

Is Your Favorite Pharmacy About To Go Belly Up?

Walgreens Boots Alliance stands at a critical juncture in the company's 170-year history with revenues of $147 billion but a market capitalization of just $7 billion.

 

A heavily burdened balance sheet has been the prime culprit of the stock's downfall but, under new CEO Tim Wentworth, management is undertaking an ambitious realignment aimed at stabilizing the core pharmacy business while taking the chop to some of its healthcare investments.

 

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