Wednesday, March 06, 2013 12:36:19 PM
Yesterday, Wags trading Volume was a eye opener on the uncertainty
money managers are feeling toward the Sushi Engineers.
Accountability for the Esrx business loss are starting to be questioned, as to the return rates of these wandering in the desert buyers,,as well as the declining customer numbers in the Front of Store sales..
Which as you may recall I questioned prior to yesterdays press release.
As you noted several months ago we where given guidance about Esrx customer return rates by the CEO and CFO, who now are saying these numbers will no longer be published.
Diving into the front end customer counts shows the trend in growth which is not promising in this slowing economy.
Profit margins will come under pressure for Merlin in this Magical Mystery tour, with the expenses of Blow Bars, Nail Salons and Ninja chefs.
But Hey, this is needed to win in this Space, Right..
Does Walgreens have a Board of Directors who are watching out for its investors, or are these folks more interested in riding in a Showboat on the investors claim check..
GLTA!!!
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