"Walgreens CEO Tim Wentworth, who took over the 123-year-old company in October, cited 'persistent pressures on the US consumer and the impact of recent marketplace dynamics, which have eroded pharmacy margins' for the lowered expectations." sounds like inflation to me
an easy prey for the mis-information spreader, the NY Post just like Trump, Walgreen doesn't unerstand that healthcare can be so complicated. “It has taken us longer than anticipated to realize the cost synergies across the combined assets,” John P. Driscoll, the head of Walgreens’ U.S. Healthcare division, told investment analysts at the company’s fourth-quarter earnings conference call , in Oct 2023. in the earning call this morning, the same sentiment was expressed
Breastaurants got problems too. https://www.statesman.com/story/new...lubbock-san-angelo-bryan-mcallen/74194219007/
meanwhile, NVDA has more than double its market cap value in less than a year; for a brief moment, th 32-yr old company became the largest public co in the world, surpassing AAPL and MSFT and Texas-based ulility VST did even better than NVDA, under Bidenomics, providing energy needs to AI-related companies.
The profitability on the drug side has tanked and they cant compete with Target - Walmart on the rest of the store
NY Post may indeed be a sensationalist rag, but on many topics they are the only media entity doing anything that resembles real reporting. The trick is knowing when to separate the wheat from the chaff. "Walgreens CEO Tim Wentworth, who took over the 123-year-old company in October, cited 'persistent pressures on the US consumer and the impact of recent marketplace dynamics, which have eroded pharmacy margins' for the lowered expectations." The CEO either made this statement or he did not make this statement. Pretty easy to check and/or confirm. As opposed to thinly-veiled "Russian disinformation" bullshite
All you do in this thread is post whatever negative news you can find about the economy while ignoring everything else. You're such a utter piece of garbage Why do you post in this thread. Go find somewhere else to troll "NY post does real reporting" lol yeah the front page of the NY post which claimed biden wondered off at the g7 meeting when in reality he went to say thank you to paratroopers is surely doing real reporting. Man we have the dumbest morons on planet earth in America. Brainwashed
Also Wal mart stock is trading near record highs while sales is booming but the morons will ignore anything good while focusing on whatever bad news they can find These people are such utter morons
Ive never understood people shopping there. It's not inflation, you ever looked at their prices? They used to be one of the highest rated companies in America. Stores like Walmart were bound to catch up
no, I agree. But in certain neighborhoods it is the most convenient option for quick one-stop shopping. In rural areas it's the Dollar Store and Dollar General. These stores fill a niche.
The reason why Americans are mad is cuz social media is brainwashing millions of people with take viral videos who spew disinformation. Its not rocket science why half of America thinks the unemployment rate is 7%+ or why the stock market is collapsing when it's at record high Tiktok is the worst thing to happen to society
Stupid social media and people expressing their experiences, we should all only believe what the government tells us...
Again if you look at the actual items in his video none of them have gone up 2x since 2020. Not a single one. Amazing how you morons can't grasp what I'm saying. It's chinnese propoganda
All you post are xeets and tictacs of ugly ass people that are skewed for a certain type of information drip. Can't even bother to read a news article or two. You're due for a fair share of insults, but is it really a cognitive bandwidth issue? www.washingtonpost.com /business/2024/06/22/gen-z-millennials-debt-inflation/ Millennials had it bad financially, but Gen Z may have it worse tl;dr Gen Z might be getting paid more, but they're consistently priced out of high asset purchases like home ownership and are comparatively higher in credit debt than other generations..
