Walgreens Boots Alliance Inc. (WBA) is facing challenges in its latest quarterly results and fiscal year 2024 guidance due to cautious consumer behavior. CEO Tim Wentworth is making significant changes to address the situation. Analysts express concerns over the impact on profits and outlook for the company.
Walgreens tightens outlook as shoppers cut back spending https://t.co/k1xJsGVGCR
Maker of Tommy Bahama warns that cautious consumers will weigh on profit https://t.co/AXQ7UYV5FA
Jim Cramer shares his thoughts on Walgreens, Home Depot, RH, Kimberly-Clark and Vornado https://t.co/EzQ13pSsFT
$WBA's fiscal year 2024 guidance is concerning as consumers remain cautious, according to Jefferies healthcare services equity research analyst Brian Tanquilut. https://t.co/i6nSetfqVm
$WBA is biting the bullet in its latest quarterly results. "[CEO Tim Wentworth] is looking for a clean break with the past, and he had to," @jimcramer tells @carlquintanilla in today's #MadDash. https://t.co/648KAbz5yF