Walgreens Boots Alliance Inc (WBA)

[Prudent Capitalist]

I examined the entire earnings report again and it just doesn't seem as negative as some of the headlines out of some of the reporting services. Prescription sales were up in the US but not as high as Wall Street projections wanted. One problem I see is that WBA may be taking the cost cutting they are bragging about too far. The service in our local pharmacy is getting very bad due to what appears to be understaffing as a result of staffing cuts to cut costs. It should not be backed up like it is in both the drive through lanes and the prescription counters inside for people who have a filled prescription they just need to pick up. I have been asked by 2 pharmacy managers to take the issue up the ladder with Walgreens corporate, as they need to know how pharmacy customer service is suffering with all of the cutbacks in staff.