drugstore chain

Walgreens Stock Jumps 4% on Earnings Beat
Financial Performance

Walgreens Stock Jumps 4% on Earnings Beat

“Following a difficult second quarter, we made progress in the third quarter against the strategic goals we set," CEO Stefano Pessina says.
By Matthew Heller | June 27, 2019
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Walgreens to Pay $2 Billion Less for Rite Aid
Strategy

Walgreens to Pay $2 Billion Less for Rite Aid

The amended terms of the megamerger reflect the companies' efforts to obtain regulatory approval.
By Matthew Heller | January 30, 2017
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Rite Aid Misses Estimates, Comp Sales Drop
Strategy

Rite Aid Misses Estimates, Comp Sales Drop

Prescription reimbursement rates "remain our largest challenge and we expect that to continue for the remainder of the fiscal year," the company says.
By Matthew Heller | December 24, 2016
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Forecasting Error Cost Walgreen’s CFO His Job
People

Forecasting Error Cost Walgreen’s CFO His Job

Wade Miquelon, the drugstore chain's ex-CFO, took the blame for a $1.1 billion forecasting flub.
By David McCann | August 20, 2014
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