Walgreens ($WBA) stock slips as the company lowers prices, slashes profit guidance, and reports mixed Q3 earnings. The CEO announces more store closures ahead as part of the turnaround plan.
When does $WBA go in the Bad Management Hall of Fame? Been a wild decade.
$WBA Walgreens now -15.5% pre-market https://t.co/RrIpSpc7hc
New Outlook at $WBA is for ~$2.87 of EPS. That is less than the Co earned in FY12 on $72bn of Revenue. Today, Revs are 2x that and EPS the same. Two Questions ... 1) Why is Stefano Pessina still collecting a check; 2) Is WBA Greater Chicago's worst team? https://t.co/pYVaPf2PHU
$WBA now on pace to open at the lowest level in more than 25 years. The earnings conference call starts at 8:30 am et https://t.co/sg1FGJYysJ
Big retail #pharmacy shakeout news from @walgreens $WBA: - Significant store closures ahead (25% are unprofitable) - Reducing stake in @VillageMD - Keeping Shields Health Solutions ==> https://t.co/xi6Jcqgokz https://t.co/4YKzgAHBMO
$WBA Earnings: - Third quarter earnings per share (EPS) was $0.40 compared to earnings per share of $0.14 in the year-ago quarter which included a non-cash impairment of pharmacy license intangible assets in Boots UK - Adjusted EPS was $0.63, down 36.6 percent on a constant… https://t.co/c1ff9aSk1v
$WBA shares back near lows, after mixed Q3 report and lowered guidance. CEO Tim Wentworth says there are a lot more store closures ahead as part of the turnaround. @annikakimc has a write-up: https://t.co/N0eBo51YFG https://t.co/HN6UuUUILQ
$WBA one of our core investment shorts (for over two years) - slashes guidance @tomkeene @business @ferrotv @lisaabramowicz1 @cnbcfastmoney @halftime @dougkass @SeabreezeLP
Walgreens slashes profit guidance, citing 'challenging' environment for consumers and pharmacies https://t.co/KOCXL6ZnBt
$WBA trading literally at LAST CENTURY prices! https://t.co/ON5cCy6IfX https://t.co/n35SY2JcjZ
$WBA shares are bouncing off lows... topline numbers are mixed: Q3 EPS Misses: $0.63 Adj. vs. $0.68 Est., lowers outlook FY 2024 adj. EPS of $2.80-$2.95 vs. $3.20 est. But results in Healthcare segment better than expected with smaller loss and positive adjusted EBITDA. https://t.co/yIiDLhcob2
$WBA as bad as expected … stock is already floored
$WBA Q3 EPS Misses: $0.63 Adj. vs. $0.68 Est.
Walgreens slashes profit guidance, citing ‘challenging’ environment for consumers and pharmacies: CNBC https://t.co/gBtLntowa4
Target Stock Slips After Company Lowers More Prices https://t.co/SjL6fKUvxt