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Stock impact report

Walgreens In The Spotlight [Seeking Alpha]

Rite Aid Corporation (RAD) 
Last rite aid corporation earnings: 4/16 07:00 am Check Earnings Report
US:NYSE Investor Relations: riteaid.com/corporate/investor-relations
Company Research Source: Seeking Alpha
Summary Myth is much more important and true than history. History is just journalism and you know how reliable that is .” ? Joseph Campbell Today we look at a large cap name that has seen its share of analyst downgrades in recent weeks over concerns it might be ‘Amazoned’. However, its CEO recently made a large purchase and shares are cheap on a price to sales basis. Company Overview: Based in Deerfield, Illinois, Walgreens Boots Alliance, Inc. ( WBA ) is the largest retail pharmacy across the U.S. and Europe. From its humble origins as a corner drug store in 1901 Chicago, Walgreens grew through the Prohibition era by selling prescription whiskey. The company now has over 14,000 stores, employs more approximately 400,000 people, and commands a market cap of ~$65 billion. The company has been growing by leaps and bounds over the past decade acquiring the likes of Duane Reade, Alliance Boots, and Rite Aid. The acquisition of 1,932 Rite Aid stores for $4.2 billion Show less Read more
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