The Bullcase case is these stores are on every corner and they are a quick buy a few items stop if you don't feel like going to a Walmart or Target, etc. They can easily charge a premium for basic products similar to a gas station because they are so easy to shop at and are everywhere. With more Walgreens brand/generic brand products they can increase retail margins. Pharamcy wise, Chick-Fil-A level customer service - front and back of the store. This will take time and current employees will need training and Walgreens culture will have to change to make this possible. Overall I think Walgreens can recover but it will take years for the culture to change in the ways the CEO is stating. Reducing sales leaseback will overall reduce costs since they own a lot of real estate and will no longer need to pay others to own it. Over time, lease payments might exceed the cost of owning the asset, leading to higher overall expenses.
@hydralitc5 ай бұрын
We beat amazon by having a human interfece.. next setence.. we have a digital centralized pharmacist that can talk to patients. What a joke of a company
@RedCGaming5 ай бұрын
Walgreens, is failing! The back of the store is horrendous, lack of training, lack of pay, lack of care, lack of budget. The Online Pharmacist idea is laughable when you think about how the CEO said it will work, saying they can help many stores at once. Ive been in Walgreens Pharmacy, and 1 pharmacist in 1 store isn't enough most times and to not have any pharmacist in store but online, would be a disaster. Front of store is soo behind where it needs to be it has become a glorified Family Dollar store. They are not doing anything for shrink. People steal in droves. Employees are scared for their lives
@mikeframe71712 ай бұрын
down over 50% since this interview hahahahah
@paulgilliland29926 ай бұрын
WBA is a dud today. It was a dud when my advisor bought it at $70 . I wouldn’t set foot in my nearest store because it’s a dump and only has 1 person at the register.
@jerrysorrell7775Ай бұрын
Thanks for reminding me why I don’t shop at Walgreens and I don’t own Walgreens stock. The very idea of having only one pharmacist for multiple stores is insane.
@alexb72952 ай бұрын
This guy needs to go
@dirtbikematt31286 ай бұрын
Cold shot on Cheez-Its.
@senkosirius97305 ай бұрын
I might have to take the 40% L on this one to save the rest of my capital...i dont see a bottom in sight. What a mistake thinking this would be a safe long term dividend investment with pharma exposure. Smh. Its also funny they compare this to Chik Fila service while WBA has like 3 employees max at once and Chik seems to have a minimum of 15. This is way too bullish of an interview, typical Cramer...do the opposite of what he says.
@Bitachon5 ай бұрын
Hmm. I'm way down too :(
@ostentatioussavant82153 ай бұрын
Did you sell?
@senkosirius97303 ай бұрын
@@ostentatioussavant8215 yes I did. Took the cash and put it into Microsoft. WBA is going to be a painful stock to hold for years, if they even pull themselves out of this mess they're currently in.
@WeAreFreeAudits5 ай бұрын
I wonder what this guy would say about Walgreens, not protecting medical information of customers who use their pharmacy
@WeAreFreeAudits5 ай бұрын
In fact, not just not protecting it, but advertising it for the public to see
@meta4kl2376 ай бұрын
How much I expected to tip for the delivery?
@invisibletrailglow8365 ай бұрын
Stores need a face-lift
@letsinvestigateit8 күн бұрын
All you gotta do is tell Jim Cramer you would hire him and you got a best friend forever 2:40
@javonegift6 күн бұрын
This CFO needs to be fired! He is awful for WBA, why is there still a dividend? why are they selling off assets to buy back stocks! It's a shame... I will see where this company goes in the next 2 years but they need to get rid of upper management !!!
@paulsommerhalder90493 ай бұрын
June 20 closing price $15.87....he is no savior....
@Apaul68573 ай бұрын
Today 6/28/2024 this piece of sh!t is $12.06 - I'm down close to 70% - HUGE MISTAKE
@Millertime171728 күн бұрын
I'm down 50%. I see it bouncing back 3-4 years. I'm in it now for the long haul.
@GlitchedMew5 ай бұрын
I love walgreens ❤❤❤
@dazza98593 ай бұрын
So do shop lifters
@alexmartins81826 ай бұрын
THIS STOCK (WBA) IS GIVING ME VERY GOOD MONEY IN OPTIONS
@Bitachon5 ай бұрын
How so?
@Bitachon5 ай бұрын
Wow, 8600 locations!
@OfficialChrisFair4 ай бұрын
With many closing very soon!!
@Bitachon3 ай бұрын
@@OfficialChrisFair true
@JanetJensen-p9f8 күн бұрын
Hernandez Donald Walker Maria Jones Angela
@shaduck066 ай бұрын
walgreens millbrae is empty, but still cashier extraordinarily slow
@BronteJuliet-t8b22 күн бұрын
Garcia Gary Young Shirley Jackson Barbara
@MaloryDon-m2m23 күн бұрын
Robinson Donald Gonzalez Barbara Lewis Daniel
@JemiAktar-x5j25 күн бұрын
Lewis Matthew Lee Thomas Thompson Susan
@clb243 ай бұрын
Down 21% since this interview.
@clb242 ай бұрын
Update: down 61% since this interview. CEO of the Year, lol 😅
@777FreeYoungThug5 күн бұрын
@@clb24 need another update loool not looking good
@OrpiAktar-p7mАй бұрын
Wilson Linda Williams Amy White Karen
@OfficialChrisFair4 ай бұрын
This interview is EMBARRISING... 1 month later their stock is at $15... Walgreens is literally dying in front of our eyes...This is a result of terrible ongoing leadership for years from store managers to district managers to regional managers and beyond, stores being totally neglected, the company wasting way too much money, and the confusion in which direction “Walgreens” is going which the RETAIL STORE is Walgreens for many people NOT the pharmacy or “healthcare company”… and then putting clowns such as this guy as CEO’s… RIP Walgreens.🪦
@CharlesHill-jo5onКүн бұрын
The worst place for a pharmacist to work. Terrible management. The stress is awful. This interview was a rubbish. You have no competition advantage. You prices are too high and you have no plan
@vichel10 сағат бұрын
I think this CEO needs to be fired if he hasn’t already