I read earlier posted messages where some claim there is not much profit in the drug side of this kind of business, If this is the case I bought for the wrong reasons, I figured most people being lazy or in pain would go to wag because of the convience of the drive through and the 24 hr service, but if there is no money to be maid what good is a good idea? Did I buy into a dying horse or what.
you are right the reason crw splits is because they want to keep their stock at a price where everybody can invest.... but they usually do not split until the price hits 50 and holds for awhile i do not look for a split for another year based upon past years info. i have bought and held crw stock for 15 years and have made alot of money over a long period of time, it is a great stock to buy and hold for a long time i have never been worried about it's performance. GO WAG'S
Look, WAG is making money in the drug side. But how much varies state to state, and between stores and location. The first argument is how to improve profit margins for Walgreen's.
Next, there is another debate, unrelated to Walgreen's. Whether Pharmacists should be given authority to advise patients who come into their stores and be compensated. I say that this is an act of goodwill, others claim advising customers merits compensation.
Walgreens makes money. Tens of billions of dollars pass through their stores each month. Hundreds of millions are profit. It may be per quarter, anyhow...I think Walgreens can improve on this.
I agree WAG is very successful running their business throughout the USA as a true American boy !!! As WAG continues to improve their profitability, will WAG consider to do another 2 for 1 split as the share price reaches to ~ $50 range.