Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.
Walgreens continues to discount that report ... “And CEO Tim Wentworth’s comments on being committed to a retail pharmacy-led operating model that will drive long-term value indicate that ...
“While our turnaround will take time, our early progress reinforces our belief in a sustainable, retail pharmacy-led operating model." Walgreens said its quarterly loss includes costs “related ...
The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.
Walgreens stock is up as the long-struggling chain reported better-than-expected revenue for its Q1 2025, although operating ...
"While our turnaround will take time, our early progress reinforces our belief in a sustainable, retail pharmacy-led operating model," he continued. Still, Walgreens may be far from in the clear.
Walgreens suspends its quarterly dividend for the first time in 92 years as it faces challenges in its financial turnaround effort.