That makes no sense. They have done their growing while competing with those companies and other "deep discounters". The uninformed were saying the same thing in 1980,1990, 2000,2010. Nonetheless Walgreens has increased their stock price more than 5000% since 1980. Their best growth period was 2012-2014. This is a company with unparalleled retail savvy. Now the world will learn. WBA has a huge footprint in Europe and is going to work on Asia and South America. Who is the competition that will put a lid on them in Egypt? Chile? Croatia? Slovakia? China? Mexico? England? Italy?
Margins dropped from 44% of revenues to 43.3% of revenues. That was the cost of a stronger dollar. Huge growth made that a negligible factor for now. The dollar will not strengthen against world currencies forever. In a few quarters, a weaker dollar may be a tailwind.
guidance for the rest of 2015 seems to indicate you are wrong.
Good info, thanks. While I believe we can trust the info HA feeds us, it is always a good idea to verify for yourself when able.
This time I agree with you sailbad. A public offering in China to sell the joint venture? When Hu says it will benefit shareholders in the long term I hear "shareholders are screwed in the near term". I'm on the sidelines watching the action for now.
Anyone can file suit and file against anyone they want and for any reason they can dream up. You need to consider the merit of the suits not the number.
a stock split is irrelevant to dividends. It doesn't matter if you get a $1 dividend on 100 shares or a $0.50 dividend on 200 shares, the total of the dividend remains $100.
Walgreen's has been a great stock to own the last couple of years. I think it continues to look like a strong long term investment. Short term, not so hot.
I think you are wrong again, sailbad. The numbers and Mr. Hu's remarks seem to be demonstrating that KNDI has a viable business plan with reproducible and accelerating revenues. I was particularly glad to hear that the JV intends to expand EV sales directly to the end consumer. I believe the lack of end consumer sales has been one of your criticisms of the company. It will be interesting to see how many cars they can sell to individuals.
Are you a billionaire investor with a 10 year time horizon on your investment? If not, you may want to rethink your position.
WBA is all about cutting expenses. A stock split involves the services of accountants and lawyers. It costs money and serves no real purpose in today's markets. I am not looking for a stock split. They will continue to raise dividends annually, though perhaps more conservatively. I don't have a rosy outlook for the next few quarters. The U.S. business is growing but profits will be hampered by lower reimbursements. The overseas business is growing but profits will be hampered by translation into a strong dollar. The share price seems to be indicating strength. I'm not sure where that comes from. My bet is for strength in 2016 and beyond.