Yahoo Finance published this video item, entitled “Walgreens’ CEO faces multiple challenges ahead: Analyst” – below is their description.
Walgreens new CEO, Tim Wentworth, has multiple challenges ahead to generate profitability as the company transitions into providing healthcare beyond just the in-store pharmacy. The company is under pressure due to its recent majority stake in VillageMD as well as decreasing demand for Covid tests and vaccines. Jefferies Healthcare Services Analyst Brian Tanquilut joins Yahoo Finance to discuss the challenges Wentworth has ahead of him as well as the future of the company. Tanquilut states Wentworth “”will have to look at putting all these assets that they bought over the last few years that are healthcare-related, and coming up with a good synergistic offering that actually generates profitability.””
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