Looks like Quarterly dividends are still happening ($0.665 cents) per share. Also looking at open jobs there are about 13,000 openings for whole company. Not sure how they are going to save money doing both of these things.
6 replies (most recent on top)
Dividend is eating up a lot of the earnings...all the playoffs from oct-dec are still being paid! Not saving anything right now. Pbm under attack, medicaid losing a big contract, medicaid adv losing money...will not be a good year. The dividend is NOT safe in my opinion.
They will wait for results and profits, and then layoffs. Like how they did in Oct! Once project was delivered, so many were let go immediately.
The majority of those openings are retail...massive turnover in that space because prem is sooooo good at his job.
KAREN said 2 billion..not DJ.
If i were dave id say the old hag overspoke.
As long as we meet numbers wed be good.
The real test is results for Q1 2025. Hopefully they corrected the mistakes at Aetna pricing. If they are able to set and meet expectations, then things will be ok. Then of course a new challenge may come in the form of PBM reform or pharmacy sales tanking or Oak/Sig losses and we will back in another cycle of cuts/splits etc. Remember they did promise 2B savings and they only said 500M in 2024, so they can continue dipping into that well in 2025
There’s a ton of turnover in front store crew and pharmacy tech positions. So unless they close like half the stores there will almost always be thousands of open reqs.