Big.Yanks favorite topic and Goldman Sachs see eye to eye.
In the report, Goldman Sachs said, "We trim our August quarter forecast from Street-high, and now stand at Street levels for the next two quarters, versus well-above when we added WAG to the CL."
Key drivers to this decision were prior margin forecasts and an increase in SG&A to factor in the cost of back-end loaded CCR remodels.
Back-end CCR costs with no mention of M&A acquisition integration costs.
Asking this board, Is there Clarity in the Goldman Sachs statement?
"tadpole" posts the following information "WAG WALGREEN CO Thomson Financial - Gradient AS OF Jun 20, 2011 Hold to Buy" under the heading "Goldman Downgrades Walgreens" when it is ANOTHER UPGRADE! Maybe "tadpole" should wait until he is a full grown frog, instead of a polliwog, before he posts again so incompetently! He might be mistaken for "you-know-who".