Walgreens' CEO faces multiple challenges ahead: Analyst

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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."" Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Face

Published 2023-10-12 · Watch on YouTube ↗
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