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Walgreen Co. Message Board

  • negfeedback2000 negfeedback2000 Nov 10, 2003 5:50 PM Flag

    yes recap your lies

    wag rev 28.6 bil, 4227 stores @14,500 sq ft,
    154,000 employees per wag's own site.

    cvs 24.1 bil, 4100 stores @11,000 sq ft, 105,000 employees.

    16% less rev than wag
    35% less store volume than wag
    46% less employees than wag

    Now let me see what missing 1 bil your talking about for Oct.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Instead of making up excuses, why can't you answer where the 1 Billion dollars went?

      If CVS stores are too small, maybe they should make them bigger to compete with the BIG BOYS.
      Oh, I almost forgot, TOO MUCH DEBT!

      OK, so CVS stores are smaller and they have fewer employees. So with THAT much less space to pay rent on, and with THAT much less payroll, shouldn't their bottom line percentage of sales be higher than Walgreens?

      Let's take a look.

      Wag net profit 3.5% of revenue.

      CVS net profit 3.0% of revenue.

      Doesn't look like much, but when you get to the bottom line, the difference between those numbers is HUGE! Where's the rest of CVS's net profit? Maybe if we can find the BILLION in lost sales, we can track down those missing profits as well.

      Expansion, Execution, Domination, baby!

 

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