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Shares of beleaguered drug store and pharmacy chain Walgreens Boots Alliance (NASDAQ: WBA) fell 8.4% on Tuesday as of 3:22 p.m. ET.. The reason for the drop today appears to be twofold: One ...
Shares of beaten-down pharmacy stock Walgreens Boots Alliance (NASDAQ: WBA) sank 7.2% today as of 2:47 p.m. ET. Walgreens had rallied a bit after recent earnings came in better than expected and ...
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While sales rose 2.6% to $36.4 billion for the quarter, the company's retail sales fell by 4%. Walgreens CEO Tim Wentworth, who has Rochester ties as a Rush-Henrietta class of 1978 graduate and ...
For its part, Walgreens has said it loses more each script it fills for popular GLP-1 drugs, such as Ozempic. The reimbursement pressures can be seen in Walgreens' gross margins over time. Over ...
Walgreens Boots Alliance cut its profit forecast for fiscal 2024 and said it would close underperforming U.S. stores as weak consumer spending hurts retail operations. The drugstore operator's CEO ...
A Walgreens in Little Egg Harbor, New Jersey, which opened in 2006. In June 2008, after Walgreens was sued for drug fraud—"switching dosage forms on three medications without doctor approvals in order to boost profits"—it agreed to stop these actions and pay $35 million to the federal government, 42 states, and the Commonwealth of Puerto Rico.
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