kinda fitting for elon, knowing him he'll make a new line up named "candy" or something though.
I think so, they have solid fundamentals, they won't be going away soon. You're right that they're losing market share to big cloud providers that are making their own chips like gravitons though. Also apple has completely transitioned off of them too I believe. They do need to come up with some solution to this soon though.
It seems Walgreens is navigating a highly nuanced financial landscape this quarter. The hefty loss per share, primarily due to a $5.8 billion non-cash impairment charge related to VillageMD goodwill, paints a stark contrast against the positive note of an adjusted EPS increase of 3.4%. This duality mirrors the broader challenges in the retail and healthcare sectors, emphasizing the volatility and unpredictability inherent in these markets.
The narrowing of the fiscal 2024 adjusted EPS guidance reflects a cautious yet strategic approach in the face of a challenging retail environment in the U.S. It's clear that Walgreens is not just battling market forces but is also making concerted efforts to pivot and adapt through strategic portfolio reviews and cost-saving measures aimed at achieving a significant $1 billion in savings this year.
What stands out is the CEO's optimism and focus on customer engagement, value, and the pharmacy services execution, which appears to be a bright spot amidst the challenges. This strategic pivot towards enhancing value and engagement could be pivotal for Walgreens, especially as it aims to navigate through the retail challenges and capitalize on the pharmacy services sector's opportunities.
However, the substantial non-cash impairment charges and the negative free cash flow highlight the financial strains and the need for careful strategic adjustments. The company's efforts to focus on long-term value creation, alongside operational simplifications and strengths, underscore a deliberate strategy to navigate through these turbulent times.
In light of these mixed signals, investors might find Walgreens a challenging but potentially rewarding play if its strategic pivots and focus on pharmacy services and cost savings bear fruit. Yet, the critical factor will be its ability to adapt and evolve in a rapidly changing retail and healthcare landscape, making it a company to watch closely in the coming months.
They havent been able to capitalize on the massive investment they've gotten from the public it seems. It has been more 3 years since the whole thing happened, and I haven't seen anything that would change the original short position many hedge funds had for this company. They are still losing to Valve and other competitors. They haven't made any advancements. The company is just stale and I don't think it has anywhere to go at this point with their current leadership.
seem to be doing well, im not seeing much about it on reddit either, they might be heavily moderating those types of posts
I'm following that mistubishi thing that was posted the other day, did some options play but it's not very liquid.
spotify is def the most famous, but how do they compare to apple music
I guess it will pop then. I want to watch and wait until I get into it though
nice picks, I'm thinking also has some good future in this area, or
There's also they basically supply other companies with implementations, with so many companies that wants to go with AI they could be powering alot of these new companies popping up