WAGS miss 3 qt profits by ~ 7%

Posted on June 25, 2013 by Pharmaciststeve

http://www.drugstorenews.com/article/walgreens-outlines-shift-front-end-strategy-and-pharmacy-tailwinds-looking-forward?utm_source=MagnetMail&utm_medium=email&utm_term=steve@steveariens.com&utm_content=DSN-EDIT-Breaking%20News-06-25-13

Stock is down ~ 14% in the last 30 days… off of, at least, a 5 yr high… Could their “good faith Rx policy” be turning Rx customers “off” and they are heading for the competitors ?

From the article:

Walgreens on Tuesday initiated a three-point plan to boost front-end performance as the company shifts its Balance Rewards customer-acquisition focus into second gear with a greater emphasis on redemption and rewards.

Could this statement really mean… our Rx dept volume is down… after telling ESI to take a hike and pissing off many prescribers & pts over asking too many questions about their control Rxs — we are turning WAGS into a CONVENIENT STORE … with a Rx dept….

Filed under: General Problems

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