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Stock impact report

Is Walgreens Boots Alliance a Millionaire Maker? [Yahoo! Finance]

Walgreens Boots Alliance, Inc. (WBA) 
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Company Research Source: Yahoo! Finance
Consumers in America and worldwide have frequented their neighborhood pharmacies for generations. However, the company has fallen on hard times. Clumsy efforts to expand the business scuttled the balance sheet and triggered a 90% decline from the stock's high. The turnaround efforts have started. Management is slashing debt from the balance sheet, and there's hope for an eventual return to earnings growth. Investors are looking at a beaten-down stock with an 11% dividend yield today that could be a big winner, perhaps a millionaire maker if Walgreens gets back on its feet. But is that likely? Or has the industry passed Walgreens by? Why has Walgreens declined so much, and what is the company doing about it? Walgreens Boots Alliance is one of the world's largest pharmacy companies. Ironically, the prescription drugs consumers go to a Walgreens (Boots in the United Kingdom) store for are simply the carrot to get them in the door. Pharmacies work on razor-thin margins, making m Show less Read more
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