It's another embarrassing moment for Walgreen's. Who would invest in this company.... it's lost nearly 70% the last FIVE years, as you can see the employee morale is beyond terrible. And if anyone did or does put money in this company, I would want to go to you for financial advice. Let's hear how these so called upper management people spin this. Actually you can't spin it, it speaks for itself. Just get out!!!!
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Absolutely. I believe the "health clinics" was a stall tactic to appease people.
Everything WBA has done since Pessina took over is geared toward the goal of trimming everything down as much as possible to either be sold or go private.
This is just temporary. When Amazon buys Walgreens, it technically will be back in the Dow.
The new c-suite, Tim Wentworth, Neal Sample and the new CISO used to be at Express Scripts, the largest PBM. Express Scripts is 3x the size of WBA in market cap. If Boots gets separated, WBA will be worth even less. It is theoretically possible that Express Scripts is making a move or this is only a very big coincidence. So, either they are all incompetent or they are purposely stalling any future strategy and are preparing to be acquired.