The previous Walgreens CEO left based on the grounds that he did not like the direction that the new management is heading. From this, I feel that WAG is not a good investment to seek returns on in the short race. Buying long-term is profitable at a target price of $19/share.
Walgreen Co. operates a chain of drugstores in the United States. These drugstores sell prescription and non-prescription drugs, and general merchandise. General merchandise includes beauty care, personal care, household items, candy, photofinishing, greeting cards, seasonal items, and convenience food. The company provides its services through drugstore counters, as well as through the mail, by telephone, and on the Internet. As of October 24, 2007, Walgreen operated 6,014 stores in 48 states and Puerto Rico. The company was founded in 1901 and is based in Deerfield, Illinois.
Walgreen Co. operates a chain of drugstores in the United States. These drugstores sell prescription and non-prescription drugs, and general merchandise. General merchandise includes beauty care, personal care, household items, candy, photofinishing, greeting cards, seasonal items, and convenience food. The company provides its services through drugstore counters, as well as through the mail, by telephone, and on the Internet. As of October 24, 2007, Walgreen operated 6,014 stores in 48 states and Puerto Rico. The company was founded in 1901 and is based in Deerfield, Illinois.
Low to no debt, 500 plus new stores per year, increasing sales. Walgreens will weather the storm and be back at 45.00 by about Sept of next year. sales at 55 biliion and climbing
WAG is set to comback soon. Though the past quarter wasnt satisfactory, the estimates for the coming quarters are very optimistic. It should be around $42 within a month.
The accompanying table provides statistics and the top seven companies by market cap for the ETFI Health Benefit Providers Index & short ETF proposal of 33 companies with market caps over $100M, which includes all types of pharmacy services (retail, mail order, institutional), pharmacy benefit managers, managed care companies, health insurers, and supplemental health insurance. The 25 lowest rated companies in the index have lost nearly half of their market value in the past year, underperforming the Healthcare Sector SPDR (XLV), iShares Dow Jones U.S. Healthcare Providers (IHF), and the S&...
Walgreen’s (WAG) has quite the strip tease going on. Many retailers announce monthly sales. If you have the model figured out it’s not a bad way to track the investment. Walgreen’s has chosen its Analysts’ Day Conference today in Chicago to announce preliminary October comparable sales results through Oct. 28. Complete October monthly sales will be announced on Nov. 4.
Through the first 28 days of October, sales in comparable stores (those open at least a year) rose 2.2 percent. Comparable store front-end sales were flat. Comparable pharmacy sales through Oct. 28 increased 3.4 percent.
Bill Ackman just sent a letter to shareholders of Longs Drug (LDG) in regards to his effert to find another buyer for them as an alternative to the CVS (CVS) offer, now that Walgreen's (WAG) has backed out. There was none...full letter below
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Bill Ackman just sent a letter to shareholders of Longs Drug (LDG) in regards to his effert to find another buyer for them as an alternative to the CVS (CVS) offer, now that Walgreen's (WAG) has backed out. There was none...full letter below
Bill Ackman just sent a letter to shareholders of Longs Drug (LDG) in regards to his effert to find another buyer for them as an alternative to the CVS (CVS) offer, now that Walgreen's (WAG) has backed out. There was none...full letter below
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