Walgreens resent events have cost Share holders 10 of millions of dollars in stockholders cash earning.
These Cash payments did not go to Shareholders but instead went to to the DOJ, DEA, EPA and several Civil litigation settlements by Wlgreens Managements decisions..
This is of concern to institutional and individual investors for what legacy costs maybe lieing ahead. for this 100 year old company.
The one saving Grace of Wag Co indifferences to Laws and regulations including public safety is its new BoD member who holds a degree in Nuclear engineering,
Interesting that Walgreens Chairman of the Board recently took a seat with HP..!
Stefano Pessina who recently became the largest individual investor in Walgreens and a BoD member has a vision that is not worked around Sushi bars, Nail/ Hair salons or Build it bigger P/R and they will come..
Walgreens Co has made a investment in Europe, and Europe is projected to be flat for growth for the next several Quarters and possible beyond, European.unemployment is high and these governments are experiencing less revenue to support Healthcare services..