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Top related persons:
Manmohan Mahajan - 2 Tim Wentworth - 2 Mahajan - 1 Wentworth - 1 ” - 1 Fraser Engerman - 1 Neal Sample - 1 Rosalind Brewer - 1
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Walgreens - 2 Walgreens Boots Alliance - 2 Inc - 1 U.S - 1 LSEG - 1 New - 1 New York CNN - 1 Employees - 1

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☆ Walgreens tops quarterly revenue estimates, but narrows profit outlook in 'challenging' economy
  + stars: | 2024-03-28 | by ( Annika Kim Constantino | ) www.cnbc.com   time to read: +4 min
A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. Walgreens on Thursday reported fiscal second-quarter sales that beat Wall Street's expectations, but lowered the high end of its full-year adjusted earnings outlook in part due to a "challenging" retail environment in the U.S. Analysts surveyed by LSEG expect full-year adjusted earnings of $3.24 per share. Walgreens has not provided that guidance since October, when it said it sees $141 billion to $145 billion in sales. aExcluding certain items, including the $5.8 billion non-cash charge related VillageMD, adjusted earnings per share were $1.20 for the quarter.
Persons: Manmohan Mahajan, Tim Wentworth, Mahajan, Wentworth Organizations: Walgreens, Walgreens Boots Alliance, Inc, U.S, LSEG Locations: Manhattan , New York City, U.S
☆ Walgreens is cancelling corporate bonuses as big pharmacies face increasing difficulties
  + stars: | 2023-11-02 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
Walgreens on Tuesday sent out a notice to staff announcing that annual bonuses would not be funded. Tuesday was the second day of a planned three-day series of scattered walkouts by Walgreens pharmacy staff. A Walgreens representative clarified to CNN that only managers were eligible for bonuses at pharmacies. “We are building on the company’s pharmacy strength and trusted brand to evolve healthcare delivery. Stefano Pessina, the former Walgreens CEO and current executive chair of the board, worth nearly $7 billion, made more than $8 million in compensation last year, according to Walgreens compensation filings with the Securities and Exchange Commission.
Persons: Manmohan Mahajan, ”, Fraser Engerman, Tim Wentworth, Neal Sample, Rosalind Brewer, Vincent Alban Vincent Alban, Reddit, Stefano Pessina, Shane Jerominski Organizations: New, New York CNN, Walgreens, Employees, CNN, Walgreens Boots Alliance, ”, Rite, CVS, REUTERS, Reuters, Securities and Exchange Commission, Labor, Reuters Labor, Workers, American Pharmacists Association Locations: New York, Deerfield , Illinois, U.S, Southern California, Deerfield, Il, Arizona , Washington , Massachusetts, Oregon
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