Walgreens' Profit Guidance Slashed Amid Tough Consumer and Pharmacy Landscape

Thursday, 27 June 2024, 11:14
Walgreens has reduced its profit guidance, attributing the decision to the challenging environment faced by both consumers and pharmacies. The company's cost-cutting efforts include the closure of underperforming U.S. stores to address the situation.
CNBC
Walgreens' Profit Guidance Slashed Amid Tough Consumer and Pharmacy Landscape

Walgreens Slashes Profit Guidance

The latest announcement reveals the company's adjustments in response to market challenges.

Cost-Cutting Measures

  • Closure of Underperforming U.S. Stores
  • Strategic Approach for Sustainability

Walgreens aims to navigate the difficult environment effectively.

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