Walgreens cuts EPS guidance, plans to close more stores [Yahoo! Finance Canada]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Yahoo! Finance Canada
Walgreens now estimates earnings per share of between $2.80 and $2.95, down from guidance of $3.20 to $3.35 last quarter — when it narrowed guidance on the upper end. Investors are watching the company closely as CEO Tim Wentworth executes a new strategy for the company. He is focused on what he views as revitalizing pharmacies and pulling back on healthcare services through VillageMD — of which Walgreens is no longer a major stakeholder. A Walgreens Pharmacy sign in Pittsburgh. (AP Photo/Gene J. Puskar, File) (ASSOCIATED PRESS) Amid the shift to downsize unprofitable parts of the business, including announcing additional store closures, Walgreens is also fighting a problem that other smaller pharmacies are facing — pricing pressures from prescription drugs. ADVERTISEMENT "We're at the point where the current pharmacy model is not sustainable and the challenges in our operating environment require we approach the market differently. We are in active discussions ... to align
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LLY
Earnings
- 4/30/24 - Beat
LLY
Sec Filings
- 6/28/24 - Form 144
- 6/26/24 - Form 4
- 6/25/24 - Form 4
- LLY's page on the SEC website