Walgreens tops quarterly revenue estimates, but narrows profit outlook in ‘challenging’ economy

[ad_1] A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.  Andrew Kelly | Reuters 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…

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Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half

[ad_1] Shares of Walgreens closed 5% lower on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half.  The retail pharmacy giant slashed its dividend to 25 cents per share from 48 cents per share to “strengthen [its] long-term balance sheet and cash position,”…

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Some pharmacy staff from Walgreens, other chains are walking out again — here’s what you need to know

[ad_1] A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, August 14, 2023. Brian Snyder | Reuters Some pharmacy staff from Walgreens and other drugstore chains are planning to walk out next week in the latest pushback against what they call unsafe working conditions that put both employees and patients…

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Pharmacy staff from Walgreens, CVS say they’re at a breaking point — here’s what their days look like

[ad_1] Signs offering COVID-19 vaccinations are seen outside of a CVS pharmacy in Washington, DC. Mandel Ngan | AFP | Getty Images Many pharmacy employees at some of the largest U.S. drugstore chains say they’re reaching a breaking point.  On top of verifying, filling and dispensing prescriptions, pharmacists and support staff are responsible for administering…

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